EBRD allocates €294M for SMEs in Azerbaijan

EBRD allocates €294M for SMEs in Azerbaijan
  • Clock-gray 13:55
  • calendar-gray 07 September 2017

With over €294 million of finance via direct financing and lending through local banks, alongside business advice operations, the EBRD in Azerbaijan has been backing small and medium-sized enterprises (SMEs)’s growth for decades.

 

In addition, the Bank has a current outstanding portfolio of €61 million in direct financing to high growth potential SMEs in the country.

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