Bank Of Baku

Turanbank attracts loan from abroad

Turanbank attracts loan from abroad
# 16 September 2014 11:02 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. TuranBank and German financial institution IIV Mikrofinanzfonds (advised by Frankfurt School Financial Services – a subsidiary of Frankfurt School of Finance & Management), a Germany based specialized microfinance investment fund organized and existing under the laws of Germany have reached new agreement in the amount of $5 million with the maturity of 4 years to expand the Bank's microfinance portfolio.

 

The disbursement will be executed by the Bank im Bistum Essen.

 

 

 

 

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THE OPERATION IS BEING PERFORMED