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Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

01.07.2020 22:42

Asian Development Bank and Armeconombank sign $15 million loan agreement to support women-led enterprises

YEREVAN, July 1. /ARKA/. The Asian Development Bank (ADB) and the Armenian Armeconombank OJSC signed a $15 million loan agreement to increase lending to micro, small and medium-sized businesses owned by women in Armenia, especially in regions outside Yerevan.

"We are very pleased to cooperate with Armeconombank to support micro, small and medium-sized businesses. They have a significant impact on the Armenian economy and are especially important for women, as they provide greater inclusion and assistance to the economic development of the country," said Christine Engstrom. ADB Director for Private Sector Financial Institutions, Private Sector Operations Department.

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Armenian president and ADB bank head discuss implementation of joint projects

06.02.2020 15:55

Armenian president and ADB bank head discuss implementation of joint projects

Armenian President Armen Sarkissian received Wednesday the Head of the Armenian Office of the Asian Development Bank (ADB) Paolo Spintigati, the presidential press office reports

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Armenian deputy prime minister and ADB Yerevan office head discuss further cooperation

22.01.2020 15:44

Armenian deputy prime minister and ADB Yerevan office head discuss further cooperation

Armenia’s Deputy Prime Minister Tigran Avinyan received today the new director of the Yerevan Office of the Asian Development Bank (ADB) Paolo Spantigati.

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ADB country director presents five-year partnership strategy to Armenian vice premier

12.12.2019 14:47

ADB country director presents five-year partnership strategy to Armenian vice premier

Armenian Vice Premier Mher Grigoryan received Tuesday newly appointed Asian Development Bank Armenia Country Director Paolo Spantigati, who presented a new five-year ADB-Armenia partnership strategy to the vice-premier, the press office of the Armenian government reports

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ADB endorses new 5-year country strategy to support economic diversification, inclusiveness in Armenia

26.11.2019 17:50

ADB endorses new 5-year country strategy to support economic diversification, inclusiveness in Armenia

The Asian Development Bank (ADB) said today it has endorsed a new 5-year country partnership strategy for Armenia focused on increasing economic diversification and ensuring that economic growth benefits all Armenians

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Armenian economy minister discusses cooperation expansion prospects with ADB director

25.10.2019 13:26

Armenian economy minister discusses cooperation expansion prospects with ADB director

Armenian Economy Minister Tigran Khachatryan received Friday an Asian Development Bank delegation headed by ADB Country Director Paolo Spantigati, the press office of the Armenian economy ministry reports

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Armenian vice premier discusses with ADB representatives cooperation development

03.10.2019 16:37

Armenian vice premier discusses with ADB representatives cooperation development

Armenian Vice Premier Mher Grigoryan discussed Wednesday with representatives of the Asian Development Bank the key goals of Armenia’s development strategy and cooperation with the bank, the press office of the Armenian government reports

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ADB loan to further enhance financial markets, public efficiency in Armenia

16.11.2018 12:12

ADB loan to further enhance financial markets, public efficiency in Armenia

The Asian Development Bank (ADB) said today it has approved a $50 million policy-based loan as part of an ongoing program of financial reforms to strengthen public debt and fiscal risk management and develop financial markets in Armenia

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ADB issues inaugural Armenian dram linked bonds

03.09.2018 12:39

ADB issues inaugural Armenian dram linked bonds

The Asian Development Bank (ADB) raised AMD2.66 billion (about $5.4 million) late last month from a new issue of offshore Armenian dram-linked bonds

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ADB’s trade financing program supported over $116.5 million in trade through 384 transactions in Armenia since 2012

20.06.2018 16:15

ADB’s trade financing program supported over $116.5 million in trade through 384 transactions in Armenia since 2012

The Asian Development Bank’s Trade Financing Program (TFP) has supported over $116.5 million in trade through 384 transactions in Armenia since 2012, 51% of which have been small and medium-sized enterprises-related (SMEs) deals, according to a press release, placed on the bank’s website

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