Bank Of Baku

Azer-Turk Bank borrows new loan

Azer-Turk Bank borrows new loan
# 06 August 2012 10:30 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The Black Sea Trade and Development Bank (BSTDB) allocated $ 3 mln to Azer-Turk Bank for 5 years. This is the second loan that allocated by BSTDB to Azer-Turk Bank and the loan is for crediting of small and medium business.

According to bank, at the same time, this fund will cover main circulation requirements for service or product on equipments, pre-export finance and export of industrial and agricultural business.

Note that, Azer-Turk Bank has been in operation since 1995.
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