EBRD updates its investment portfolio for Azerbaijan

EBRD updates its investment portfolio for Azerbaijan
# 22 December 2022 09:49 (UTC +04:00)

The volume of the active portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan is decreased by about 836 mln. euros (including undisbursed commitments). This figure is 5.1% or 45 mln euros less than the last indicator presented by the bank. The number of implemented projects was 185, APA-Economics reports citing ERBD.

It was noted that 89% of the portfolio (748 million euros) accounts for investments in sustainable infrastructure, 7% (58 million euros) for investments in industry, trade, and agribusiness, and 4% (30 million euros) in financial institutions. The volume of operational assets of the bank decreased by 4.8% in the country and amounted to 752 million euros.

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THE OPERATION IS BEING PERFORMED