Bank Of Baku

Azerbaijani Ministry of Finance allocates AZN 37 mln for development of entrepreneurship in 2009

Azerbaijani Ministry of Finance allocates AZN 37 mln for development of entrepreneurship in 2009
# 24 January 2009 09:35 (UTC +04:00)
Baku. Nijat Mustafayev-APA-Economics. Azerbaijani Ministry of Finance allocated AZN 37 mln to the National Fund for Entrepreneurship Assistance for the development of entrepreneurship in 2009, APA-Economics reports.
Ministry of Finance said that AZN 80 mln was expected to allocate to the NFAE.
Ministry of Finance allocated AZN 80 million to NFEA in preferential loans (at the maximum interest rate of 7% per annum) to entrepreneurs in 2008.
29 commercial banks, a credit company and four credit unions will provide entrepreneurs with preferential loans.
NFEA–owned loan portfolio has arranged AZN 300 mln since 2002.
1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED