#ASIAN DEVELOPMENT BANK
Armenia will get 12.5% of Lydian Armenia shares
The government of Armenia, the Eurasian Development Bank (EDB) and the Lydian Armenia company signed a Memorandum of Understanding in Yerevan on Wednesday, whereby the parties express their readiness to raise a total of $250 million to develop the Amulsar gold mine in Armenia’s Vayots Dzor province.Armenia signs loans agreements with French Development Agency and Asian Development Bank
Armenia’s Finance Ministry and the French Development Agency signed November 17 a 100 million euro loan agreement, the Ministry of Finance reported. It said the loan will be provided in two installments.Armenia’s construction sector up 13.6% in January-July, 2022 to over 190 billion drams
Armenia’s construction sector grew by 13.6% in the first seven months of 2022 from the first seven months of 2021 to over 190.5 billion drams (in current prices), according to the National Statistical Committee.Eurasian Development Bank provides Ardshinbank with USD 20 million to support SMEs
The Eurasian Development Bank (EDB) has granted Ardshinbank a credit line in the amount of USD 20 million for a period of 3 years to provide financial support to the country’s small and medium-sized businesses.ADB loan, equity to Ameriabank to help promote financial inclusion in Armenia
The Asian Development Bank (ADB) and Ameriabank CJSC (AMB) signed an agreement for an equity investment equivalent of $30 million to strengthen Armenia’s banking sector and further promote financial inclusion in the country, Ameriabank said today in a news release.Armenia building up industrial output thanks to its membership in Eurasian Economic Union
Armenia recorded a fast growth in agriculture output in the first half of this year, Arman Akhunbayev, the deputy chief of the Eurasian Development Bank’s strategic and industrial analysis division, said at ‘From Idea to Actions’ round-table discussion held last week in Kyrgyzstan.| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
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