Bank Of Baku

Credit agreement on project of modernization of capital markets in Azerbaijan to be signed with World Bank

Credit agreement on project of modernization of capital markets in Azerbaijan to be signed with World Bank
# 14 September 2011 10:01 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The credit agreement on execution of project of modernization of capital market which will be realized in Azerbaijan, will be signed by the State Committee for Securities of Azerbaijan Republic and the World Bank during the next week.

SCS told APA-Economics that the preparatory work for the signing of credit agreement will be finished during this week.

The World Bank will allocate USD 12 mln to SCS for the above-mentioned project

More USD 3 mln will be allocated for the implementation of project by State Secretariat for Economic Relations of Switzerland (SECO).
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THE OPERATION IS BEING PERFORMED