Bank Of Baku

IFC to open $5m credit line to Bank Respublika

IFC to open $5m credit line to Bank Respublika
# 12 March 2007 15:17 (UTC +04:00)
IFC inked an agreement with Azerbaijan’s Bank Respublika to open a $5m credit line on-lending to small and medium-sized enterprises.
Bank Respublika Office in Baku told APA-Economics that the credit line will be used for development of small and medium-sized enterprise in the country.
The total amount of credit lines opened for Bank Respublika by various financial institutions exceeds USD 75 million. /APA-Economics/
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