Students' day with Byblos Bank Armenia scholarship recipients

The bank and the university have successful experience in implementing collaborative projects. One of the most important initiatives undertaken within the framework of the bank's 15th anniversary in 2023 was the signing of a memorandum of cooperation with the university. Under this memorandum, 10 YSU students received nominal scholarships from Byblos Bank Armenia, amounting to 1 million drams, while 5 students received tuition reimbursements during the 2023-2024 academic year.  

May 16 marks the Day of Students and Youth in Armenia, as well as the foundation day of YSU, on which occasion, gathered students shared stories of how scholarships provided by the bank inspired and motivated them in their academic pursuits.

YSU Rector Hovhannes Hovhannisyan emphasized the significance of the cooperation with Byblos Bank Armenia for the university, highlighting its role in fostering employer-educational connections.

"Today, in our conversation, we highlighted once again that this scholarship entails responsibility, as students are entrusted with utilizing it to further their educational achievements for career advancement. Similar cooperative initiatives between the university and an employer offer significant opportunities for everyone. I believe that our students will make the best of this opportunity, and the Byblos Bank Armenia scholarships will serve the purpose," noted Hovhannes Hovhannisyan. 

At the end of the meeting, Hayk Stepanyan, CEO of the bank, said that he was impressed by the young students. 

"We are grateful for the opportunity provided by the university to meet with the students who received scholarships from Byblos Bank Armenia. The meeting was impressive, and I hope that the scholarships will effectively fulfill their intended purposes. Byblos Bank Armenia prioritizes academic education, and this scholarship initiative remains a focal point for us," pointed out Hayk Stepanyan. 

The initiative is ongoing. In the upcoming years, Byblos Bank Armenia will continue to provide scholarships to high-achieving students of the YSU Faculty of Economics and Management. 

Focusing on meaningful and positive actions, Byblos Bank Armenia continuously invests in building healthy, prosperous communities by implementing a number of CSR programs and educational projects. 

More about the scholarships and tuition reimbursement program is available here.

For further details, watch the video.