The training was organized by the “One Stop Shop” Export Support Centre at Center for Analysis of Economic Reforms and Communication with the support of Kapital Bank, APA-Economics reports.
The purpose of the project was to increase and facilitate inclusivity for Azerbaijani foreign trade representatives to quickly access financial resources, expand the use of trade-finance tools for exporters who regularly face liquidity problems, and inform them about innovative financial instruments.
Representatives from Kapital Bank also participated in the training. In his speech, Elchin Mustafayev, Deputy Director of the Small and Medium Business Department, talked about the importance of holding such meetings with entrepreneurs, the steps taken by the bank in the field of entrepreneurship, the opportunities created for entrepreneurs, and the focus of all initiatives on improving customer-centric service. At the training, Orkhan Mursalov, Manager of SME and Corporate Products, and Ismet Vekilov, Product Owner at Kapital Bank, provided extensive information to entrepreneurs on overdrafts, customs credit lines, factoring, trade transaction financing, advance payments during export, and letters of credit.
Following the speeches, an exchange of ideas took place, and participants’ questions were answered.
Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 120 branches and 53 departments all over the country. For more detailed information about the bank’s products and services, please refer to https://kapitalbank.az website, 196 Call Centre or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk, for a Birbank installment card visit https://kbl.az/prcrc.