EDF has given 167.6 million manats of subsidized loans for Jan-Sept

11:50 - 8.10.2024


October 8, Fineko/abc.az. In 9 months of 2024, the Entrepreneurship Development Fund, through authorized credit organizations, gave preferential loans for 167.6 million manats to finance 4,116 projects.

ABC.AZ was informed at the EDF that in terms of the number of concessional loans given to investment projects of entrepreneurs for Jan-Sept, Bank Respublika, Rabitabank, AccessBank Azerbaijan, Yelo Bank and Agrarkredit distinguished themselves. Authorized credit organizations that differ in the amounts of concessional loans given include Bank Respublika, Rabitabank, Kapital Bank, AccessBank and Yelo Bank.

Entrepreneurs should apply to authorized credit organizations in order to take advantage of EDF subsidized loans. Authorized credit organizations include banks, non-bank credit organizations and credit unions with which the EDF cooperates.