News
07 May 2024

EIB and Bank Respublika to boost finance access for MSMEs in Azerbaijan

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Region:
Asia-Pacific

EIB has partnered with Bank Respublika to provide a €10 million ($10.8 million) loan to support MSMEs in Azerbaijan. This agreement aims to promote financial inclusion by offering preferential loans to small businesses, with the added benefit of disbursal in the local currency.The loan is a...

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