Bank Of Baku

TBC Kredit borrows $4.5 mln for development of business in Azerbaijan

TBC Kredit borrows $4.5 mln for development of business in Azerbaijan
# 02 August 2012 13:45 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based TBC Kredit non-banking organization borrowed loans from “MicroVest” and “responsibility Social Investments AG” international financial organizations. According to TBC Kredit, total sum of the debt is $4.5 mln and this is for crediting of small business in Azerbaijan.

Note that, $1.5 mln was presented by “MicroVest”, $3 mln – by “responsibility Social Investments AG”. First credit was presented completely.

Generally, TBC Kredit cooperates with OPIC (Overseas Private Investment Corporation, USA) and EBRD.

Remind that, TBC Kredit has been in operation since 1999.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED