European Bank to Render technical Assistance to 3 Azerbaijani Banks

Business Materials 30 October 2007 15:47 (UTC +04:00)

Azerbaijan, Baku / corr Trend I.Khalilova / The Partner banks of the  EBRD 's Azeri-Multibank-Framework - Finance-Facility Micro and Small Loan Component (AMBF-MSE) - Bank of Baku, Bank Respublika and Unibank will be graduated after having received more than 5 years technical support through the AMBF-MSE and earlier by German Azerbaijan Fund.

Under EBRD AMBF-MSE within less than two years more than 7000 loans were distributed for an amount of more than 33 million USD. 

The graduation ceremony which will take place on 31  October 2007 at 17.00 at Nizami Conference Room, Park Hyatt will be attended by senior officials of EBRD, KFW, Ministry of Finance of Azerbaijan and Embassy of the Federal Republic of Germany in Azerbaijan