SOCAR involves over AZN 2.5 billion loans in 2024

SOCAR involves over AZN 2.5 billion loans in 2024
# 04 October 2024 11:11 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) has repaid a total of AZN 3 billion 976 million in credit loans to several local and international banks this year, APA-Economics reports citing the Company.

According to the company, 80 million manats of this amount were made up of bond payments.

Additionally, SOCAR has obtained AZN 2 billion 529 million in new long-term and short-term loans from financial institutions this year.

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