ADB takes stake in Armenia’s largest bank
07 Jun ADB takes stake in Armenia’s largest bank
Posted at 17:12h
in
News
by KMFSLLP
YEREVAN, June 8 (Reuters) – Ameriabank, Armenia’s largest
bank by assets, said the Asian Development Bank (ADB) has bought
a 13.97 percent stake for $30 million as it seeks to promote
lending to small and medium-sized companies in the former Soviet
country.
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