Bank Of Baku

TBC Kredit can borrow two credits from abroad

TBC Kredit can borrow two credits from abroad
# 25 January 2011 09:33 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. TBC Kredit non-banking organization intends to increase loan portfolio by 55.4% to $ 30 mln, in 2011.
Company says it planned to finance the business projects and expand the mortgage lending, this year. For this purpose, company plans to sign long-term agreements with EBRD (European Bank for Reconstruction and Development) and EFSE (European Fund for Southeast Europe) on borrowing the loan.
Remind that, TBC Kredit has been in operation since 1999.
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