The Black Sea Trade and Development Bank's (BSTDB) partnership with Azerbaijan spans more than 20 years and has been built on mutual trust, shared objectives, and a common belief in the transformative power of private sector development, BSTDB President Serhat Köksal said at the Business Forum organized as part of the 28th Annual Meetings of the BSTDB Board of Governors, APA-Economics reports.
“During this period, the BSTDB has supported projects across various sectors, including financial institutions, manufacturing, trade, and energy, contributing to increased employment, enhanced competitiveness, and sustainable economic growth,” he noted.
Serhat Köksal highly praised the Bank’s activities in Azerbaijan.
“We are particularly proud that our operations in Azerbaijan have consistently aligned with the country's evolving priorities. We have placed special emphasis on supporting small and medium-sized enterprises, facilitating trade, strengthening financial intermediation, and promoting investments that enhance connectivity and competitiveness,” he said.
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