Now entrepreneurs be able to apply to banks in this way – a relevant developed


June 30, Fineko/abc.az. The Ministry of Economy of Azerbaijan has developed an electronic credit platform for entrepreneurs (e-edf.gov.az).

ABC.AZ informs with reference to news agency Report that the news was informed by Economy Minister Mikayil Jabbarov.

According to the minister, through the platform, businessmen will be able to apply to banks.

"15 banks have been connected to the new system, and others will be connected in the future. Guaranteed subsidized loans are offered through the platform to individuals affected by the coronavirus pandemic (COVID-19). The loan will be given within maximum of 10 days. Entrepreneurs will be able to borrow up to AZN 3 million. The grace period for the loan is 12 months. The platform will simplify the appeal of entrepreneurs," the minister emphasized.