Bank Of Baku

Texnikabank attracts new loan from abroad

Texnikabank attracts new loan from abroad
# 24 April 2012 07:30 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. For diversification of financing sources, Azerbaijan’s Texnikabank OJSC has signed a loan agreement with the subsidiary company of Federal Bank of Lebanon SAL. - FBME Bank.

According to the agreement, Azerbaijani bank has been allocated $5 mln for the period of 1 year.

Note that, Texnikabank has also cooperates with the Black Sea Trade and Development Bank, as well as famous international financial institutions such as IDB.

Texnikabank was established in 1993. It has 35 branches, 17 offices and representation in Istanbul.
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