Baku. Musa Ahmadov – APA-Economics. SOCAR attracted loan from Korean and Turkish Eximbanks this year, APA-Economics reports citing to SOCAR’s consolidated financial statement for 2015.
According to the statement, SOCAR borrowed AZN 48 million or $30 million loan from Turkish Eximbank in March and AZN 93 million or $62 million in May.
Moreover, on January 22, SOCAR borrowed AZN 122 million or €70 million from Korean Eximbank.
So, SOCAR relevantly attracted $92 million from Turkish Eximbank and €70 million from Korean Eximbank.