Bank Of Baku

ADB extends financing of small and medium entrepreneurship in Azerbaijan

ADB extends financing of small and medium entrepreneurship in Azerbaijan
# 17 April 2012 08:41 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Asian Development Bank continues negotiations in direction of crediting of already existing cooperating and some more new banking organizations in Azerbaijan.

ADB permanent representation in Azerbaijan told APA that ADB finance mission is expected to visit Azerbaijan in May. Within the framework of the visit, ADB finance experts will discuss loan mechanism with the banking organizations: “After the talks, ADB will select some of them and allocate loans for financing of small and medium entrepreneurship in Azerbaijan”.
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THE OPERATION IS BEING PERFORMED