As of September 30, 2026, the Black Sea Trade and Development Bank (BSTDB) has signed agreements to finance 47 projects in Azerbaijan with a total value of 450.9 million euros, APA-Economics reports, citing the Bank.
The actual financing under 42 operations amounted to 711.8 million euros. The Bank's Board of Directors approved projects with a total value of 453.8 million euros.
The largest shares in the portfolio of signed projects belong to the financial sector (50.28%) and energy (35.23%).
Among the Bank's major projects in Azerbaijan are financing of SOCAR in the amount of $75 million, Bank Respublika in the amount of 25 million manats, Unibank in the amount of $7 million, and Azer-Turk Bank in the amount of $5 million.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
