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ADB Private Sector Operations Department mission conducts work in Azerbaijan
Baku, Fineko/abc.az. Asian Development Bank does not intend to curtail its co-operation with pirate sector of Azerbaijani economy. The Baku-based ADB resident office reports that since yesterday the ADB Private Sector Operations Department’s mission started its Baku visit. “The visit is due to last until 26 November and its members are conducting active consultations with the Bank’s partners in Azerbaijan,” the ADB resident office said. ADB kept in its plans expansion of direct crediting for domestic banks for financing small and medium-size businesses and trade financing. ADB is also ready to grant guarantees for national energy operator Azerenerji OJSC on its foreign borrowings.
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