ARMENIA BECAME FULL MEMBER OF ASIAN DEVELOPMENT BANK

Pan Armenian News
27.09.2005 03:47

/PanARMENIAN.Net/ According to a release of the Asian Development
Bank Monday, Armenia has become Bank 64th member. September 20, when
the necessary procedure was approved, Armenia became a full member
of the Asian Development Bank, situated in the Philippine capital
of Manila. Armenia has got 10 thousand 557 shares of the Bank. The
Bank capital totals $51.6 billion. Founded in 1966, last year the
Asian Development Bank provided various countries with credit of $5.3
billion, as well as technical assistance of $196.6 million.