ADB's Work in Armenia
Shareholding and Voting Power
Number of shares held:
31,671 (0.298% of total shares)
70,785 (0.532% of total membership, 0.817% of total regional membership)
Overall capital subscription:
Paid-in capital subscription:
ADB has been affiliated with Armenia since 2005 and is one of the country’s largest multilateral development partners.
ADB’s support for Armenia targets inclusive, diversified, and transformative growth. It includes priority infrastructure investments in transport, energy, and urban development; assistance to reform service delivery in education, health, and financial services; and support for regional cooperation and integration.
Since 2005, ADB has committed 36 loans totaling $1.55 billion (including 23 sovereign loans amounting to $1.19 billion and 13 private sector loans and 1 equity financing facility amounting to $356.9 million) and technical assistance grants totaling $26.6 million, including ADB-administered cofinancing, for Armenia.
The Cafesjian Sculpture Garden is located at the base of the Cascade in Yerevan, Armenia. It is design to give a modern setting for large-scale sculptures.