Description

The program increases the capacity of local banks to provide SMEs with longer-term financing to support SME growth and productivity. Supporting the growth of SMEs will increase the contributions made by SMEs to GDP, labor, and key economic sectors. SMEs are drivers of economic growth, private sector development, and economic diversification. They comprise a substantial proportion of private sector activities, particularly outside Yerevan where poverty rates are higher, and can be a source of bui... Read More

Related Projects

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

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