According to him, this allocation will finance 10-15 project in the country.
He noted that, the bank will allocate approximately $ 75-85 mln in 2010 and this was $ 250 mln last year. Totally, EBRD has allocated $1.6 bln to AZerbaijan on 110 projects since their cooperation.
He also noted that, EBRD’s loan portfolio makes $ 1bln.
EBRD cooperates with 9 banks, 6 microfinance and 3 non-banking organizations in Azerbaijan.
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Finance
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