ARMECONOMBANK IS NEGOTIATING WITH YEREVAN CITY HALL ON FURTHER IMPLEMENTATION OF TEENCARD PROJECT

ArmInfo
14:04 08.02.2010

ArmInfo. Armeconombank is negotiating with Yerevan City Hall on
further implementation of the TeenCard project, Head of Armeconombank
Department for Plastic Card Operations Vardan Yeghiazaryan told
ArmInfo.

According to him, the bank has already issued 2300 registered
plastic cards for schoolchildren and students of Yerevan educational
establishments within the frames of the TeenCard project. V.

Yeghiazaryan thinks that number of these cards will considerably
increase upon the results of negotiations. "It is not ruled out that
funds may be allocated from the City Hall’s funds on financing of
the socially unsecured children for the children from poor families",
he said.

To recall, Armeconombank started implementing the TeenCard project at
late 2009 jointly with Armenia’s Ministry of Science and Education,
Ministry of Culture and Ministry on Labour and Social Issues. The
project is intended for cashless operations of schoolchildren and
students in cultural establishments.