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Bank Respublika gets a loan from IFC

Bank Respublika gets a loan from IFC

02 October 2009 16:21 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Bank Respublika has signed an agreement to get $20 million loan from the International Financial Corporation (IFC).

The loan with a maturity period of 5 years will go on-lent to small and medium-sized enterprises, said the bank.

Bank Respublika has had good cooperation with the IFC since 2007.

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