International Bank of Azerbaijan Prepares to Sign Syndicated Credit Agreement
Azerbaijan, Baku / corr. Trend I.Khalilova / The Chairman of the Executive Board of the International Bank of Azerbaijan, Vagif Akperov, said that the Bank is continuing working on attracting syndicated credit in the amount of $80mln. According to Akperov, present conditions of the credit are being coordinated. Authorized leading organizers are Calyon, UniCredit, and BayernLB. The negotiations are held within the annual syndicated credit in the amount of $80mln for the International Bank of Azerbaijan. According to Akperov, the credit agreement is expected to be signed by the end of May or June.