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One of largest banks gives a $270 million loan for a project in Azerbaijan

28.07.2020,17:04


July 28, Fineko/abc.az. The European Investment Bank has given a loan for TANAP Project, ABC.AZ was informed in a large bank.

In particular, a $270 million loan was given indirectly by famous Turkish bank Botash.

The term of the loan is 18 years term on the condition of non-repayment of fixed assets for 5 years.