Baku, Fineko/abc.az. Opened official on 23 November of the year, VTB Bank (Azerbaijan) starts process of outside financing raising.

Oleg Krasnozhon, the chairman of board of VTB Bank (Azerbaijan), says that the Bank has not restrictions on raising foreign financing.

“Subsidiaries of foreign banks of our parent group VTB Bank (Russia) are already opening credit limits for us,” Krasnozhon said.

Simultaneously the Bank also does not rule out organization of direct financing of large projects by parent group in order to avoid limits on size of a loan per loan-borrower (no more than 25% of assets), that is still not large for VTB Bank (Azerbaijan).

25.12.2009 11:07