Within the Azeri private sector support project the leasing affairs mission of Asian Development Bank headed by William Wilms is visiting Baku on August 10 to 15. ADB Baku office employees told Trend the bank is launching consultations with Azeri leasing companies to define further cooperation under the said project. The mission is going to hold a meeting with each companys executives.
Total budget of the said project is $15mln. The project has been approved at ADB Council of Directors in March 2006.
Up to now, credit links have been opened for two commercial banks, Azerigazbank and bank Respublika,e ach link $4mln.