Yerevan, 06.April.2026,
00
:
00
BREAKING


AraratBank Co-Funds "Culture - My Way" Project Financed by UNESCO

SOCIETY

AraratBank co-funded "Culture My Way" project launched by the Teryan Cultural Center under the financing of the International Fund for Cultural Diversity (IFCD) of UNESCO, within the framework of the 2005 Convention on the Protection and Promotion of the Diversity of Cultural Expressions.

Among the key components of the project is the vocational training for people with disabilities and their support networks in cultural production, including design, branded garments, decorative and applied arts. The project is designed to create income-generating opportunities and sustainable employment for people with disabilities and their families. It specifically targets persons with special needs, their mothers and female relatives, as well as the professional mentors working with them.

“We knew that we had chosen a difficult path – working with children with disabilities and special needs – but we began searching for strong hands and kind hearts. To be honest, when applying for support, we did not cherish great hopes; we thought we would be obliged to go through different stages, submit extensive documentation, and prove the path we had taken. However, our objective was immediately understood at AraratBank. Before that, we had already applied to other financial institutions and filled in grant applications. Here, humanity stands above all,” says Lilit Melikyan, Executive Director of the Teryan Cultural Center.

“This initiative opens new horizons for children and adults with autism, their parents and specialists. Through art, crafts and creative professions, they gain the opportunity not only to realise their potential, but also to acquire stable sources of income and to take full part in the cultural life of society. The support of AraratBank makes the programme long-term and sustainable, creating a strong platform for social integration and cultural diversity,” says Lilith Soghomonyan, Chair of the Board of Trustees of the National Autism Foundation, underlining the great importance of the programme.

 

Over the course of the project, 24 workshops will be organized, training specialists in design and handicrafts production, followed by 24 master classes and joint workshops where these specialists will train and guide people with disabilities, as well as their mothers and female relatives, in creating high-quality products for showroom and online sales.

“AraratBank upholds its unwavering commitment to social impact initiatives pledged since 2020. AraratBank believes that beyond finances, it is the people that matter and this meaningful contribution embodies our philosophy by providing essential resources while amplifying the project's visibility across communities that need it most,” notes Anna Allahverdyan, Head of Communication and Social Responsibility Programs Coordination Division at AraratBank.

“It is no coincidence that our project, which is being launched under the auspices of UNESCO, is to be funded by AraratBank. I would like to thank the entire team of AraratBank not only on behalf of the Teryan Cultural Centre, but also on behalf of all the participants of the project. The issue of people with special needs can concern anyone, at any moment. It has no nationality, no age restriction, and recognizes no borders. People must be compassionate,” says Lilith Melikyan, Executive Director of the Teryan Cultural Centre.

 

AraratBank is regulated by the Central Bank of Armenia.

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSUUnibank joins the Partnership for Carbon Accounting Financials (PCAF)Safe environment – Equal opportunitiesAraratBank Receives STP Excellence Award from Commerzbank AGWorld Autism Awareness Day reminds us: culture is how we learn to see and embrace one anotherIDBank Receives Commerzbank’s STP Excellence Award 2025IDBank Presented a Special Offer at TOON EXPO 2026FINTECH360 International Conference to Bring Together 500 Participants in YerevanUcom Supports the DemArDem 2026 Regional Youth Forum Prominent Armenian Statesman Levon Sahakyan Passes Away at 89Ucom’s Unity Packages with the Best Fixed Network in Armenia Get 1% idcoin at TOON EXPO with Idram&IDBankOlympic sport should unite people, not become an arena for political campaigns USD 60 Million: Ameriabank Joins Financing of Firebird’s AI Data Center Construction in ArmeniaStatement by Archbishop Bagrat Galstanyan Financial Literacy Course at YSU: Idram and IDBankAmeriabank named the Best Bank in Armenia for 2026 by Global Finance magazine IDBank warns about scams disguised as remote workAraratBank Donates Proceeds from "Armenian Legends and Poems" to the City of Smile Foundation The Power of One Dram Joins the Final Phase of the Symphonic Forest ProjectIdram&IDBank’s Special Offer at Dalma Garden MallUcom’s Management Team Marks International Client’s Day with Subscribers IDBank and Idram Continue Cooperation with the “ZARK” Educational FoundationIDBank issued the 2nd and 3rd tranches of bonds of 2026Ucom Issues Warning on New Wave of Phone Scams IDBank Launches Special Campaign for SWIFT TransfersConverse Bank shares its capital market expertise at the IV Conference Capital Markets ArmeniaUcom’s Level Up+ Packages with the Fastest Mobile Internet in Armenia The Badalyan Brothers Group of Companies Paid about 33.2 Billion AMD in Taxes and Duties to the State in 2025IDBank Announces the Launch of the IDDistributor Financial ToolSafe Workplace as a Guarantee of DevelopmentSpring Promotion at Megamall from Idram&IDBank“We want to buy your item, please provide your card details.” IDBank warns about fraud on classified platforms Ucom Fellowship 2025 Concludes as Top Eco-Startups Secure FundingIDBank Goes International: Mher Abrahamyan's Interview with the Los Angeles TimesAraratBank Earns RIA Money Transfer’s Partner of the Year in Armenia for the Seventh Consecutive YearUcom Supports the “DemArDem 2026” Regional Youth Forum ZCMC еstablishes Sustainability, ESG and Risk Committee Parallels Between the “Real Armenia Ideology” and Soviet and Turkish Approaches to the Diaspora New Offer - Up to AMD 5 Million - Consolidate your Loans and Switch to AraratBankNew Promotion at Yerevan Mall Ahead of March 8: Idram&IDBankUBPay and MoneyTO Launch Money Transfers from Armenia to the UK In Celebration of the Spring Holidays Ucom Offers Unity Packages on Special Terms Ameriabank Becomes the First Armenian Company in the List of the 100 Largest Companies on the London Stock Exchange as a Member of Lion Finance GroupIDBank Expands Travel Benefits of Premium CardsFree Calls and SMS Messages from Ucom for Subscribers in the Middle EastLove Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris Customer Appreciation Day at IDBank’s Echmiadzin BranchUcom Fellowship Incubation Program Participants Visit Ucom Individuals and businesses, near and far, all welcome