Azerbaijan, Baku, August 6 / Trend , I.Khalilova /
The mission of Asian Development Bank (ADB) - specialists on risk management Donold Lambert and on private sector Pamella Breysi- is on visit to Baku to discuss opportunities for further funding of Azerbaijani banks, ADB Baku office said on August 6.
The unstable situation on world markets because of the financial crisis affected the decision of the Asian Development Bank to increase financing for the Azerbaijani banking sector, which was expected last year. Due to it, ADB suspended the allocation of credit resources for the three commercial banks in Azerbaijan.
ADB was planning to allocate about $40 million for Bank Standard, Texnika Bank and UniBank.
The visit will conclude by August 7.
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