Azerbaijan, Baku, Dec.07 / Trend /
A meeting between ADA Group shareholders and management, and Black Sea Trade and Development Bank (BSTDB) leadership took place at the International Finance Corporation's (IFC) local office in Istanbul today.
"The sides discussed a coordinated financing package provided by two financial institutions within the reconstruction of the group's working capital," the ADA group said.
This financing tool is not new on the Azerbaijani market.
A similar financing scheme was recently successfully introduced by the European Bank for Reconstruction and Development in the Azerbaijani banking sector.
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