Capital: Yerevan Population: 2,790,974 Official language: Armenian Area: 29,743 km²
Armenia is a landlocked country in the South Caucasus. Its neighbours are Georgia, Azerbaijan, Türkiye, and Iran. The country’s terrain is mostly mountainous, with fast flowing rivers, lakes, and few forests. The land rises to 4,090 metres above sea level at Mount Aragats. As the mountain formations block the moderating climatic influences of the Mediterranean Sea and the Black Sea, Armenia experiences a continental climate, with cold snowy winters, and hot summers. Despite a dry highland climate, the fertility of the plateau's volcanic soil made Armenia one of the world's earliest sites for agricultural activity.
Yerevan, the capital of Armenia, is one of the oldest cities in the world. The first record of Yerevan dates from 607 A.D. Yerevan is the home to several cultural institutions. The Matenadaran - a famous museum in Armenia, contains one of the largest depositories of ancient books and manuscripts worldwide.
German Sparkassenstiftung opened its office in Armenia in 2013. Since then, we have successfully implemented projects financed by BMZ and GIZ.
Lilia Aslanyan Administrative Officer / Training Assistant
Raffi Ohannesian Training Expert
German Sparkassen-stiftung
The German Sparkassenstiftung for International Cooperation is the development-policy arm of the Sparkassen-Finanzgruppe. Its task is to disseminate the successful Sparkasse idea across borders and around the globe. The German Sparkassenstiftung strengthens financial institutions and promotes financial literacy for all segments of the population. This broadens access to financial services and helps to create jobs and generate income.
