ADB ready to continue implementing programs in Armenia

YEREVAN, June 13. /ARKA/. The Asian Development Bank is ready to continue implementing development programs in Armenia, Takehiko Nakao, President of the Asian Development Bank (ADB), said Tuesday as he met with Armenian President Armen Sarkissian, the Armenian president’s press office reports.

Takehiko Nakao said that cooperation with Armenia has been established in a number of areas.
Sarkissian, on his side, called the ADB one of the most important partners of Armenia.

He said many projects had been implanted in the Armenian economy’s public and private sectors under the Asian Development Bank’s support.

Sarkissian proposed to Nakao to expand boundaries of the cooperation in development of infrastructures, agriculture, energy, information technology, tourism, healthcare, education and other areas. -0—

spot_img

POPULAR

Grant Akopian Appointed CEO and Chairman of the Management Board of Converse Bank

Converse Bank CJSC announces the appointment of Grant Akopian as Chief Executive Officer and Chairman of  the Management Board of the Bank.

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (April 6-12)

Last week, the Armenian financial market focused on, among other things, statements by the Central Bank's management on macroeconomic risks, assessments of the possible inflationary impact of external shocks, discussions of stablecoins, and the development of regional payment infrastructure.

KPMG’s audit of Renshin confirms the accuracy of its financial statements – CFO

“The audit confirms key parameters such as capital adequacy, liquidity, and asset quality՞, said Kristine Chichyan, the company’s CFO.

Euro and dollar exchange rates fall against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 15, 2026, decreased by 0.71 points compared to April 14, to 374.48 drams.

LATEST NEWS

spot_imgspot_imgspot_img