Baku, Fineko/abc.az. Black Sea Trade and Development Bank has granted next credit for $3 million for 5 year period to OJSC AZƏR-TÜRK BANK to finance small and medium business.

The Azerbaijani bank reports that this credit is designed for development of small and medium business, in particular, industrial, agricultural, and economy sectors connected with it. Simultaneously this credit will cover demands of entrepreneurs for main funds, as well as export and pre-export financing.

This credit is oriented on strengthening of nonoil sector and development of Azerbaijan’s financial tools’ market.

Azər-Türk Bank was established in 1995. The bank’s shareholders are T.C.Ziraat Bankası A.Ş., Aqrarkredit, Ziraat Bank İnternational AG and ОJSC Turanbank. The bank, providing a wide range of services to legal entities and individuals, plays an important role in economic relations between Azerbaijan and Turkey.

06.08.2012 17:27