Original disclosure @ ADB website
Updated in EWS Jun 25, 2020
Disclosed by Bank Sep 18, 2018
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According to ADB website, the project consists of (i) a proposed loan of up to $30,000,000 or the dram equivalent to Ameriabank CJSC (AMB) and (ii) a proposed equity investment of up to the dram equivalent of $30,000,000 in AMB both for the Strengthening the Banking Sector for Financial Inclusion in Armenia.
Ameriabank CJSC provides corporate, investment, and retail banking services in the Republic of Armenia. The company operates through Retail Banking, Corporate Banking, and Trading and Investment Banking segments.
No contact information provided at the time of disclosure.
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism aNo cnd fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main