Bank Of Baku

IFC to extend loans to two banks in Azerbaijan

IFC to extend loans to two banks in Azerbaijan
# 07 October 2008 15:27 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. IFC, a member of the World Bank Group, will extend loans to two joint-stock commercial banks in Azerbaijan, said Aliya Azimova, the IFC Officer in Azerbaijan.
She said that loans will allow two partner banks to finance small and medium-sized enterprises.
Besides, IFC will seek cooperation with some other banks in the country.
IFC has good cooperation with Rabitabank, UniBank, AccessBank, Azerdemiryolbank, Bank Respublika, AGBank and other Azeri banks.
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