KM Financial Solutions | ADB takes stake in Armenia’s largest bank
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ADB takes stake in Armenia’s largest bank

ADB takes stake in Armenia’s largest bank

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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