ACBA-CREDIT AGRICOLE BANK undertakes Hayastan All-Armenian Fund’s Telethon 2008
Posted on August 14, 2008


ACBA-CREDIT AGRICOLE BANK has undertaken the sponsorship of the Hayastan All-Armenian Fund’s Telethon 2008.

In his official letter to Hayastan All-Armenian Fund, Mr. Stepan Gishyan, General Manager of the Bank, has particularly mentioned: “ACBA-CREDIT AGRICOLE BANK is familiar with the Funds mission and is willing to donate AMD 15 milion to the Telethon-2008.”
It is worth mentioning that ACBA-CREDIT AGRICOLE BANK was among the sponsors of the Telethon 2007, which raised more than USD 15 milion. The Hayastan All-Armenian Fund has been conducting annual Telethons since 1996 and records growing results each year. More than 50 000 000 families all over the world are actively involved, 40 000 000 of them are from the US.
Telethon 2008 will be held and transmitted from Los Angeles, USA, on November 27, 2008. Funds raised during the Telethon this year will be directed to the development of Armenian and Artsakh rural communities.

“It’s inspiring that Telethon has acquired permanent sponsors in Armenia, and ACBA-CREDIT AGRICOLE BANK is one of them,” the Acting Executive Director Ara Vardanyan pointed out.

Currently Thelethon-2008 has already 2 official sponsors in Armenia; VivaCell, the main sponsor, that is donating AMD 304 milion (more than USD 1 milion) for the Fund and ACBA-CREDIT AGRICOLE BANK. Active negotiations are on with other possible sponsors