Amrahbank to borrow $5 mln from abroad

Amrahbank to borrow $5 mln from abroad
# 29 May 2010 10:35 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Amrahbank will borrow $5 mln from European Bank for Reconstruction and Development (EBRD), bank’s business director Khalig Ildirimzadeh told APA.

According to him, the borrowed mean will be spent for development of small and average entrepreneurship.

Owned by 4 individual persons (51%) and International Investment Bank: Bahrain (49%) Amrahbank has been in operation since 1993.
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THE OPERATION IS BEING PERFORMED