2 more compensations

On 14th of August 2017 the ALM committee approved two more compensations, one for a disabled soldier (disability of I degree) and one for the family of a deceased soldier.

Today the family of private Vazgen Poghosyan and Senior Sargeant Armen Alikhanyan will each receive a lump sum payment of AMD 10 million (appx. USD 21.000) and will be accorded monthly payments in the amount of AMD 200 000 (appx. USD 450) and 250 000 (appx. USD 525) respectively throughout 20 years.

According to an agreement signed between "ARMBUSINESSBANK" CJSC and “Converse Bank” CJSC, the amounts will be transferred to special bank accounts opened for the beneficiaries which will be serviced free of charge.