Bank Of Baku

Amrahbank to borrow from abroad

Amrahbank to borrow from abroad
# 01 June 2010 12:08 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Amrahbank intends to borrow from International Finance Corporation (IFC), Amrahbank business director Khalig Ildirimzadeh told APA.

According to him, the representatives of Amrahbabnk and leaders of IFC will meet in Istanbul (Turkey), in the beginning of June. The bank’s new borrowing for financing of small and middle entrepreneurship in Azerbaijan will be discussed in the meeting.

Owned by 4 individual persons (51%) and International Investment Bank of Bahrain (49%) has been in operation since 1993.
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