Azerbaijani Parabank continues to provide support to entrepreneurs in regions

Azerbaijan, Baku, August 13 / Trend /

Aug.13, Azerbaijani National Fund for Entrepreneurship Support (NFES) held an event in Yardimli, which envisaged issue of favorable loans doe development of agriculture, Parabank said today.

During the event, the entrepreneurs were also acquainted with the terms of lending. Parabank, as the authorized bank NFES also took an active part in the fair and provided favorable loans for a period of about 24 months. Parabank continues to provide ongoing support for the development of small and medium entrepreneurship.

The Azerbaijani National Fund for Entrepreneurship Support (NFES) of the Economic Development Ministry has allocated favorable loans worth 300,000 manat through authorized credit organizations to entrepreneurs in the Azerbaijan's Lankaran economic region Some 82 new job places will be opened at the expense of these funds..

Aug. 13, official exchange rate is 0.8036 manat to $1.