EBRD decreased its investment portfolio for Azerbaijan

EBRD decreased its investment portfolio for Azerbaijan
# 28 April 2023 09:39 (UTC +04:00)

The volume of the active portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan as of April 1, 2023, decreased to EUR 844 mln. (including undisbursed commitments), EBRD told APA-Economics.

This figure is 2,4% or EUR 21 mln. less than the last indicator presented by the bank. The number of implemented projects was 35.

It was noted that 87% of the portfolio (730 million euros) accounts for investments in sustainable infrastructure, 10% (85 million euros) for investments in industry, trade, and agribusiness, and 3% (29 million euros) in financial institutions. The volume of operational assets of the bank decreased by 2,5% in the country and amounted to 729 million euros.

#
#

THE OPERATION IS BEING PERFORMED