Words of gratitude to the employees of ARMBUSINESSBANK, who participated in the Artsakh war

From the very first day of the Artsakh war, ARMBUSINESSBANK firmly stood up for the defense of the country. Many employees took part in many activities in the rear front all day long. Meanwhile, nearly 25 employees of the Bank heroically participated in large-scale hostilities on the front line, valiantly fighting against the enemy among other defenders of the Motherland.

Artavazd Sargsyan, Chairman of the Executive Board of “ARMBUSINESSBANK” CJSC, received at the Head office of the Bank the employees of Artsakh war. The Chairman of the Executive Board thanked them by presenting letters of gratitude, cash awards and corporate gifts. “On those crucial days, the whole team of ARMBUSINESSBANK did everything possible to support the Motherland and the Armenian Army to support our compatriots from Artsakh. However, this is incomparable with your readiness to immediately take part”, said Artavazd Sargsyan, Chairman of the Executive Board of “ARMBUSINESSBANK” CJSC.

The following words of gratitude are written in the letters of gratitude: “We are proud that we have today's hero, a brave partner for whom the protection of the borders of the Motherland, the safety of our people is above all else”. 

The Chairman of the Executive Board regretted that in the battles for the Motherland there were losses among the Bank's employees - heroes who made their names immortal.

It should be recalled that in those difficult days of the war on the Artsakh-Azerbaijan border, ARMBUSINESSBANK held various events in support of the serviceman, actively cooperated with various enterprises and organizations.

The Bank organized the transportation of employees of the Bank’s seven branches in Artsakh to Armenia with children and relatives and everything was done to ensure their comfortable living.

A corresponding account has been opened in ARMBUSINESSBANK to service assistance from the employees. The Bank regularly transferred money to “Hayastan” All-Armenian Fund and Military Insurance Fund.

Providing an individual approach, issues such as fines, penalties, termination of interest payments, concessions, and further maintenance of the principal amount were discussed and appropriate decisions were made.

Touching upon the rehabilitation of the health of the wounded, disabled military personnel, support for the families of the victims and other issues, the Chairman of the Executive Board of “ARMBUSINESSBANK” CJSC Artavazd Sargsyan noted that the Bank shall proceed with patriotic initiatives, believing that together we will overcome all misfortunes.

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The Bank is controlled by the Central Bank of Armenia