Azerbaijan, Baku / Trend corr. A.Badalova / The Azerdemiryolbank and Black Sea Trade and Development Bank signed a credit agreement on financing of small-scale and middle-scale entrepreneurship in Azerbaijan. The sum of the agreement stands at $10mln for 5 years, Azerdemiryolbank reported. The previous credit agreement constituted $2mln for a year term.
Azerdemiryolbank is cooperating with foreign partners in financing of small-scale and middle-scale entrepreneurship.
The credit lines in the amount of $22mln were allocated to the bank by different financial institutions for three months.