EMF Microfinance Fund provided Republic of another subordinated loan

Bank of the Republic, one of the leading banks of Azerbaijan, supporting the real sector in the country, due to its successful activities, continues to attract financial resources from large international organizations.

, through the mediation of Enabling Qapital LTD, signed another agreement with the European investment company EMF Microfinance Fund, on the provision of a subordinate loan to the bank. Thanks to this, the total loan amount reached $ 8 million for a period of 8 years.

The signing of this agreement indicates the successful experience of cooperation between the financial institution with the Bank of the Republic and high confidence in its long -term stability. The funds within the framework of the signed agreement will be aimed at lending to the real sector priority for the bank, in particular, small and medium -sized businesses.

Over 30 years of its successful activity, the Bank of the Republic was able to gain customer trust and strengthen in the five leading banks of the country. Among the bank shareholders are the largest financial institution of Germany – Sparkassen International Development Trust (member of the financial group Sparkassen -Finanzgruppe). The bank has one of the highest international ratings in the banking sector of Azerbaijan – a rating at the level of “B3” with a forecast “Positive” from the agency Moody’s.

more detailed information can be obtained on the official website of the bank, on the pages of the bank on Facebook, Instagram, LinkedIn or by calling the Call Center Bank for number 144.