Armenian Finance Minister and head of ADB Yerevan Office discussed Armenia’s loan portfolio

YEREVAN, May 27. /ARKA/. Armenian Finance Minister Tigran Khachatryan and Paolo Spantigati,  the head of the Yerevan Office of the Asian Development Banks (ADB), discussed today ADB’s current and future projects in Armenia, the Finance Ministry’s press service reported.

It said Khachatryan attached importance to the  effective partnership between the Armenian government and ADB.

The two men were said to give special attention to the construction of the North-South Highway, financed by the bank, as well as to the  improvement of the road networks and transport infrastrcuture in Yerevan and beyond.

The sides also touched upon the provision of technical assistance by the ADB to Armenia in  reforming the justice and healthcare sectors.

ADB’s total investments in Armenia totaled $1.6 billion as of late February this year.  ADB, founded in 1966, has 68 members in 49 regions. The Bank aims at achieving prosperity, inclusiveness, flexibility, and stability in Asia and the Pacific, also eradicating extreme poverty. -0-

spot_img

POPULAR

IDBank to Provide Scholarships Worth 35 Million Drams to 103 Artsakh Students at YSU

IDBank has signed a memorandum of cooperation with Yerevan State University.

Euro and ruble rise against Armenian dram, while USD declines slightly

As of April 6, 2026, the average market exchange rate for the US dollar to the Armenian dram, established on the Armenian foreign exchange market, decreased by 0.36 points from April 3, settling at 376.62 drams.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (March 30 – April 5)

From March 30 to April 5, the Armenian financial market focused on exchange rate dynamics, the publication of March inflation data, the meeting of the Central Bank's management with the IMF mission, discussions of the reverse mortgage mechanism, the agreement between the CDA and UzCSD, and issues of disclosure by issuers in the capital market.

Armenia’s National Assembly Committee Approves Martin Galstyan’s Candidacy for Central Bank Governor

At its meeting on Monday, Armenia's Parliamentary Committee on Financial, Credit, and Budgetary Affairs approved Martin Galstyan's candidacy for the position of Central Bank Governor, nominated by the ruling Civil Contract faction.

Unibank to participate in Leasing Expo 2026 with a special offer

From April 10–12, 2026, Unibank will participate in Armenia’s largest international exhibition for leasing and financial solutions, offering visitors favorable conditions.

LATEST NEWS

spot_imgspot_imgspot_img