USD 1.7

Baku 25 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Royal Bank to attract new credit from abroad until the end of year

Royal Bank to attract new credit from abroad until the end of year

05 September 2011 12:53 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Until the end of 2011, Azerbaijanâ€™s Royal Bank intends to attract loan at amount of $20-30 mln from foreign financial organizations, Board Chairman Barat Piriyev told APA.

To him, according to plans of the bank, credit funds will be attracted from famous financial institutions of Europe and Asia: â€œThe names of these financial organizations are kept confidential for now. We can publicize their names after the final official agreementâ€.

He added that credits will be spent to Azerbaijanâ€™s economy, as well as financing of the projects related to development of small and middle entrepreneurship.

Remind that, Royal Bank was established in 1993. It operates 32 branches, 31 ATMs and 113 POS-terminals across the country.

Finance

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

TuranBank conducts beach cleanup campaign on the Caspian coast in cooperation with the Ministry of Ecology and Natural Resources

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

ADB: Expanding electric transport could bring Azerbaijan $18 mln annually

BSTDB Vice President Ziya Aliyev

BSTDB has financed over €9 billion in projects since its establishment – Vice President

BSTDB President Serhat Köksal

BSTDB President: Our more than 20-year partnership with Azerbaijan is built on mutual trust

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED