EBRD makes public volume of loan portfolio on Azerbaijan

EBRD makes public volume of loan portfolio on Azerbaijan
# 30 January 2015 13:24 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. European Bank for Reconstruction and Development (EBRD) allocated €238 mln for projects in Azerbaijan.

Bank says it allocated €162 mln for financing of 17 projects in Azerbaijan in 2013. Thus, EBRD increased financing of projects 46.9% in 2014.

In 1992-2014, the bank allocated €2.1 bln for financing of 155 projects in Azerbaijan.

According to bank, as of early 2015, it directed 42% of loans to infrastructure projects, 33% to energy, 10% to industry and agriculture, and 15% to financial institutions.

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