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Azerbaijan reveals banks issuing highest amount of soft loans

Economy Materials 1 February 2022 10:15 (UTC +04:00)
Azerbaijan reveals banks issuing highest amount of soft loans

BAKU, Azerbaijan, Feb. 1

By Nazrin Israfilova - Trend:

The Azerbaijan Entrepreneurship Development Fund provided soft loans worth 130.6 million manat ($76.8 million) to finance 1,902 projects in 2021, Trend reports citing the fund.

Below is a list of authorized credit organizations that provided the largest amount of soft loans last year:

Name

Amount of loans

"Bank Respublika" OJSC

20.3 million manat ($11.9 million)

"PashaBank" OJSC

17.5 million manat ($10.3 million)

"Ziraat Bank Azerbaijan" OJSC

17.3 million manat ($10.1 million)

"АВВ" OJSC

17 million manat ($10 million)

"Rabitabank" OJSC

10.1 million manat ($5.9 million)

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