Yapi Kredi Bank Azerbaijan announces amount of external debt

Yapi Kredi Bank Azerbaijan announces amount of external debt
# 05 October 2016 10:26 (UTC +04:00)

Baku - APA-Economics. Yapı Kredi has borrowed $1.150 billion in syndicated loan to fund the export.

The loan is being arranged by 33 banks from 14 countries.

Coordinators are Emirates NBD Bank PJSC and Mizuho Bank Ltd.

Director General of Yapı Kredi and chairman of Supervisory Board of Yapi Kredi Bank Azerbaijan Faik Acikalin said that bank has totally borrowed $2.65 billion in syndicated loan since early 2016.

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