BSTDB gets 34% decline in outstanding balance in Azerbaijan

BSTDB gets 34% decline in outstanding balance in Azerbaijan
# 28 June 2018 09:40 (UTC +04:00)

As at the end of 2017, the outstanding balance of the Black Sea Trade and Development Bank (BSTDB) in Azerbaijan stood at EUR 60.710 million, down 33.5% from previous year, APA-Economics reports citing to bank’s financial statement dated December 31, 2017.

Undrawn commitments for Azerbaijan fell 30.8% to EUR 18.791 million.

As of January 1, 2018, bank’s portfolio on the projects in Azerbaijan, Albania, Armenia, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine amounted to EUR 1,166,442,000.

#
#

THE OPERATION IS BEING PERFORMED