BAKU, Azerbaijan, October 21. The current projects' portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan as of October 1, 2022, amounted to 913 million euros, Trend reports via the EBRD.
The number of active projects of the Bank in the country totaled 32.
The majority of the portfolio (90 percent or 822 million euros) fell on sustainable infrastructure projects, 6 percent or 59 million euros – on industry, commerce, and agribusiness, while 4 percent or 32 million euros accounted for financial institutions, the EBRD said.
Totally, the Bank has invested over 3.856 billion euros on 184 projects in Azerbaijan.
The EBRD is Azerbaijan's leading investor, that has been cooperating with the country since 1992.
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