IFC current portfolio for Azerbaijan tops $130 million

IFC current portfolio for Azerbaijan tops $130 million
# 05 August 2009 13:26 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The International Finance Corporation (IFC), a member of the World Bank Group, has to date extended more $400 million to Azerbaijan.

The IFC Office in Baku said $300 million was lent on loans and $104 million on syndicated loans since 1995.

“The current portfolio for Azerbaijan is $131 million,” said the Office.

IFC has financed more than 40 projects in Azerbaijan during this period.
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