Bank Of Baku

EBRD is ready to finance Nabucco project

EBRD is ready to finance Nabucco project
# 09 December 2010 13:52 (UTC +04:00)
The Bank will promote transparent procurement practices in its projects. The Bank will also encourage commercial discipline and improve efficiency, financial transparency and corporate governance at its state-owned clients.
Since the beginning of its operations in Azerbaijan, the EBRD has invested about €1.2 billion in 114 projects, with over 60 per cent of the projects being investments into the development of the private sector.
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THE OPERATION IS BEING PERFORMED