Bank Of Baku

EBRD to extend $220 million to Azerbaijan in 2009

EBRD to extend $220 million to Azerbaijan in 2009
# 25 June 2009 10:54 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The EBRD will extend $220 million to Azerbaijan in 2009, said Francis Delaey, head of the EBRD office in Baku.

According to him, loan agreements for ten projects will be signed with the Government of Azerbaijan this year.

“$220 million will go to projects in real and financial sectors,” he added.

Azerbaijan joined the EBRD in 1992.
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