Azerbaijan repays EUR2.3 billion loan to EBRD so far

Azerbaijan repays EUR2.3 billion loan to EBRD so far
  • Clock-gray 09:15
  • calendar-gray 04 June 2018

As of May 1, 2018 total amount of loan allocated by the European Bank for Reconstruction and Development (EBRD) to Azerbaijan on 165 projects made up EUR 3.070 billion.  

 

APA-Economics reports that Azerbaijan repaid EUR 2.270 billion.

 

Bank’s portfolio on 48 active projects amounts to EUR 1.429 billion. Of this, 49% or EUR 707 million is for energy, 42% or EUR 607 million for infrastructure, 4.95 or EUR 70 million for industry, commerce and agribusiness, 3.15% or EUR 45 million for financial institutions.

 

EBRD’s operating assets on the country make up EUR 986 million. 

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