Bank Of Baku

Pasha Bank borrows loan from abroad

Pasha Bank borrows loan from abroad
# 22 April 2013 15:00 (UTC +04:00)

 

Baku. Vahab Rzayev – APA-Economics. Azerbaijan-based Pasha Bank has borrowed loans in amount of $30.250 mln from “Baltikums Bank AS”, “Commerzbank Aktiengesellschaft”, “FBME Bank Ltd.” and “Raiffeisen Bank International AG” international financial institutes.

 

Bank says the credit was given for on-year period and will be used for financing of trade and common investment projects. 

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