Bank Of Baku

NBA Chairperson receives KfW Senior Vice-President

NBA Chairperson receives KfW Senior Vice-President
# 01 March 2007 12:04 (UTC +04:00)
Chairman of the Management Board of the National Bank of Azerbaijan, Elman Rustamov has received a delegation led by KfW Senior Vice-President, Doris Köhn.
Issues concerning implementation of KfW-funded projects and prospects of the bilateral cooperation were discussed at the meeting.
KfW is cooperating with Azerbaijan on the scope of projects such as Loan Security Fund, AzDRES-Power Supply Grid, Savings Insurance System, utilities Infrastructure Assistance, Ecoregional Nature Program.
KfW has to date allocated loans worth €144.2m and grants worth € 23.8m to Azerbaijan. /APA-Economics/
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Politics

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