Strengthening the Banking Sector for Financial Inclusion: Report and Recommendation of the President
Reports and Recommendations of the President | September 2017
The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors. This document dated September 2017 is provided for the ADB project 51184-001 in Armenia.
This loan to Ameriabank CJSC will aim to increase the capacity of the borrower to serve more credit to small and medium-sized enterprises (SME) in the agricultural sector of Armenia, and expansion of private financial services in Armenia in general.