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ITFC Corporation approves $92.1 billion in financing to date

Hojamurod Hojaev, General Manager of the Relationship Management and Trade Finance Department at ITFC

© APA | Hojamurod Hojaev, General Manager of the Relationship Management and Trade Finance Department at ITFC

07 May 2026 12:15 (UTC +04:00)

International Islamic Trade Finance Corporation has approved financing worth $92.1 billion to date, Hojamurod Hojaev, General Manager of the Relationship Management and Trade Finance Department at ITFC, said during the Islamic Development Bank Group’s Private Sector Presentation in Azerbaijan, APA-Economics reports.

According to him, approximately $78 billion of this amount has already been disbursed. Hojaev noted that in 2025 alone, the corporation approved around $9.3 billion in financing, with the majority allocated to energy security, food security, and support for SMEs.

Ashraf Mehdiyev

ITFC Islamic Development Bank Group Hojamurod Hojaev financing energy security food security SMEs trade finance investment economy Azerbaijan

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