In September-October 2006, the Board of Directors of the European Bank for Reconstruction and Development (EBRD) is expected to confirm Azerdemiryolbanks joining the joint financing program of EBRD. At the moment, this question is under consideration, the chairman of the board of Azerdemiryolbank Roman Amirjanov told Trend.
The project envisages financing large-scale projects with separation of the risks and interests on a parity base. The project totals $6 mln.
Today, the gross amount of the resources involved from EBRD reached $12.5 mln, with 9.5 mln for support of micro, small and medium enterprises and $3 mln within program of commercial financing.