BAKU, Azerbaijan, July 20. The loan portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan was estimated at 814 million euros as of June 1 of this year, Trend reports with reference to the EBRD.
According to EBRD, the loan portfolio is designed for the implementation of 33 projects.
EBRD noted that most of the project portfolio (88 percent, or 716 million euros) is devoted to sustainable infrastructure investments, 8 percent or 67 million euros - on investments in industry, trade and agriculture, and 4 percent or 31 million euros - on investments in financial institutions.
EBRD invested more than 3.5 billion euros in Azerbaijan on 181 projects.
EBRD has been cooperating with Azerbaijan since 1992 and is the leading investor in the country.