Armenia and ADB
In the Spotlight
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ADB Strengthens Trade Finance Capacity in Central Asia Through Bank Twinning
ADB Trade Finance Program (TFP) held its second TFP Bank Twinning program in Central Asia between Ameriabank from Armenia and Hamkorbank from Uzbekistan.
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Helping Armenia Thrive
ADB is supporting Armenia in its effort to expand its private sector, diversify its economy, cut red tape, and gain access to new markets, says Shane Rosenthal, ADB's Country Director for Armenia.
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ADB Signs Private Sector Agri Loan to Enhance Production, Exports of Armenian Produce
ADB signed a $32 million loan agreement with a leading food producer and exporter in Armenia to help the company expand greenhouse operations and increase exports.
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Armenia: Supporting Economic Resilience
This country brief focuses on ADB's efforts in Armenia to strengthen the economy by building or rehabilitating infrastructure and by generating business opportunities for micro, small, and medium-sized enterprises.
The overarching goal of ADB's country partnership strategy, 2014–2018 for Armenia is to help integrate its economy into the region, and to rebalance it toward more resilient, inclusive, and environmentally sustainable growth. Efforts to realize these goals include improving domestic and cross-border transport links, upgrading secondary towns based on integrated urban development plans, and improving the country’s energy security.
Latest
New Era of Water Abundance for Armenia's Rural and Urban Communities
More than 12,000 customers from Armenia's rural and urban communities can now enjoy 24/7 water and sanitation services after years of hardship and sacrifice due to dilapidated infrastructure and wastage.ADB Loan to Further Enhance Financial Markets, Public Efficiency in Armenia
ADB has approved a $50 million policy-based loan as part of an ongoing program of financial reforms to strengthen public debt and fiscal risk management and develop financial markets in Armenia.
Lack of trust in the financial sector is a problem in the economies in Central Asia and the South Caucasus (CASC).
Overview of Financial Inclusion, Regulation, Financial Literacy, and Education in Central Asia and South Caucasus
Projects in Armenia
Approved/Active
- Strengthening Financial Management in Asia and the Pacific, Phase 2
- Support and Validation of Seismic Safety Improvement Program Indicators
- Public Efficiency and Financial Markets Program (Subprogram 2)
- Asian Development Outlook 2019–2021
- Supporting Knowledge Solutions in Central and West Asian Countries
Closed
- Public Efficiency and Financial Markets Program (Subprogram 1)
- Second Water Supply and Sanitation Sector Project
- Infrastructure Sustainability Support Program (Phase 2)
- Infrastructure Sustainability Support Program, Phase 2
- Asian Development Outlook 2016-2018 - Asian Development Outlook 2016 (Subproject 1)
