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

Converse Bank Named Armenia’s Best Digital Bank for Consumers by Euromoney

Converse Bank has been named Armenia’s Best Digital Bank for Consumers by the internationally renowned financial publication Euromoney

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

Armenian banks increased net profit to 219.7 billion drams in the first half of the year

The combined net profit (after tax) of Armenian banks in the first half of 2026 amounted to 219.72 billion drams, compared to 200.7 billion drams in the same period of 2025, an increase of 9.48%.

Ranking of the Most Profitable Armenian Banks for the First Quarter of 2026

ARKA News Agency has published a ranking of the most profitable Armenian banks for the first half of 2026.

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May — World Bank

Net inflow of non-commercial remittances to Armenia increased by 30.2% in May 2026 compared to the same period last year, according to the World Bank's Armenia Monthly Economic Update – July 2026.

LATEST NEWS

spot_imgspot_imgspot_img