BAKU, Azerbaijan, April 28. The current loan portfolio of the European Bank for Reconstruction and Development (EBRD) projects in Turkmenistan is estimated at 49 million euros at the beginning of April 2022, Trend reports with reference to the EBRD.
The bank's loan portfolio is calculated for the implementation of 32 projects, EBRD said.
The majority of the project portfolio (97 percent, or 48 million euros) is directed towards investments in sustainable infrastructure and three percent, or 1 million euros, towards investments in financial institutions.
The bank has generally invested more than 323 million euros in 88 projects in Turkmenistan.
The European Bank for Reconstruction and Development (EBRD) is an international financial institution that has implemented more than 6,130 projects since its establishment.