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Turanbank increases foreign liabilities

Turanbank increases foreign liabilities

09 April 2015 11:47 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. TuranBank and ECO Trade and Development Bank have signed an agreement in the amount of $2 million to expand the financing of international trade operations

Bank says the attracted funds will allow the Bank to expand import/export operations among both member states and other countries and to support customers' trade operations.

The Bank attracted $3 million with a tenor of 4 years from this financial institution to expand its SME loan portfolio last year.

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