On May 6 and 7, the fourth international mental arithmetic Olympiad was held at the Karen Demirchyan sport/concert complex with the participation of more than 600 children from different parts of Armenia and Russia.

Idram said the Olympiad was organized by IQ Center Global Education, which carries out a large-scale activity in the field of additional education.

“We are glad that the Idram company, which emphasizes education and promotes children’s financial literacy, supported the main educational event of the year with its Idram Junior application,” Yulia Gasparyan, director of IQ Center, organizer of the Olympiad, said.

According to Tatevik Hovhannisyan, head of Idram’s marketing department, Idram does not only value financial literacy.

“We cooperate with those companies and are on the side of the events that contribute to raise the educational level and general development of children. Idram Junior is here to bring joy to the children and, of course, it did not come empty-handed. We have prepared interesting gifts for the winners and the participants. We are happy to be a part of such a large-scale event and bring a holiday to the children.”

According to Sevak Shirachyan, head of marketing projects of Idram company, Idram Junior is the only financial application in Armenia for children that enables children to make contactless payments, top up their phone number and make transfers to their family members.

“It is important for us that children learn to be financially literate from childhood, to be able not only to shop, but also to manage their finances. We will soon have news in the application, so follow us on our social media pages,” Sevak Shirachyan said.

There will be an exhibition throughout the event for more than two thousand parents accompanying and supporting the participants. The Olympiad will be summed up with an award ceremony. All 600 participants will receive special gifts from IQ Center Global Education. And dozens of winners will receive special gifts from sponsors and partners of the Olympiad.

The company is controlled by CBA.