Baku. Nijat Mustafayev – APA-Economics. Today, International Trade Finance Corporation (member of IDB Group) and International Bank of Azerbaijan signed loan contract, in Baku. The contract was signed by the Chairman of the IBA Board Jahangir Hajiyev and IDB’s president Ahmed Mohamed Ali.
According to contract, ITFC will allocate $ 30 mln to International Bank of Azerbaijan for financing of trade.
Note that, IBA and ICD (member of IDB Group) signed loan agreement on June 21. ICD allocated $ 15 mln to IBA for financing of small and medium business.
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