ADB, Ameriabank Sign $100 Million Loan to Strengthen MSMEs and Green Finance in Armenia
Armenia, May 27 -- The Asian Development Bank (ADB) has signed a $100 million loan with Ameriabank Closed Joint Stock Company (Ameriabank) to support Armenia's priorities to strengthen financing opportunities for micro, small, and medium-sized enterprises (MSMEs), particularly those led by women, while driving investment in sustainable solutions across Armenia.The financing will enable MSMEs across the country to scale up operations, enhance productivity, and adopt more sustainable business practices. This is ADB's largest private sector operation in Armenia to date. Of the total financing, up to 75% will support MSME lending, while at least 25% will be allocated to green finance initiatives, including renewable energy and energy efficiency...
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