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Azerbaijan’s SMBDA to continue cooperating with IsDB in business financing

Economy Materials 29 April 2022 15:38 (UTC +04:00)
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, April 29. Azerbaijani Small and Medium Business Development Agency (SMBDA) will continue to cooperate with the Islamic Development Bank (IsDB) in the sphere of Small and Medium Enterprises (SMEs) financing, Chairman of SMBDA Orkhan Mammadov told Trend.

According to him, the IsDB has been providing active financial support to Azerbaijan since the first day of its independence, allocating various loans, mainly for the creation of infrastructure facilities.

“Earlier, studies were carried out in Azerbaijan in the sphere of SME financing with the support of the IsDB,” Mammadov said.

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