EBRD allocates €294M for SMEs in Azerbaijan

EBRD allocates €294M for SMEs in Azerbaijan
# 07 September 2017 13:55 (UTC +04:00)

With over €294 million of finance via direct financing and lending through local banks, alongside business advice operations, the EBRD in Azerbaijan has been backing small and medium-sized enterprises (SMEs)’s growth for decades.

In addition, the Bank has a current outstanding portfolio of €61 million in direct financing to high growth potential SMEs in the country.

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THE OPERATION IS BEING PERFORMED