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News - Ardshinbank Redirects New Year Celebratory Funds to Support Families from Artsakh

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Ardshinbank Redirects New Year Celebratory Funds to Support Families from Artsakh

by Lilit Dec. 26, 2023

Ardshinbank has announced a decision to opt out of traditional New Year corporate celebrations. Instead, the bank will redirect the earmarked funds towards assisting one hundred families from Artsakh who have faced displacement. In a formal statement released today, Ardshinbank declared, "In light of the challenges witnessed this year, Ardshinbank, along with its dedicated team, has unanimously chosen to forgo corporate events and New Year gifts for employees. The resources saved from this decision will be dedicated to supporting one hundred displaced families from Artsakh. This assistance will specifically cover essential winter-related expenses, including utility and housing costs." Ardshinbank explained that candidates were selected from the list of bank clients most in need of financial support. The bank emphasized that this decision was unanimously supported by all employees. This initiative aligns with Ardshinbank's ongoing dedication to corporate social responsibility: the bank stands firm in its commitment to contributing positively to the well-being of the communities it serves. The activities of Ardshinbank are regulated by the Central Bank of the Republic of Armenia.

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