Turanbank and ECO Trade and Development Bank signed a new loan agreement in the amount of $ 2 million to expand funding for foreign trade operations.
Attracted funds will allow Turanbank to expand import-export operations both between participating countries and other countries, as well as to support customer trading.
It should be noted that the agreement signed with the ECO Bank of Trade and Development is the fourth. So, in previous years, Turanbank attracted the funds of this financial institution to finance small and medium-sized businesses (SMEs) and trade.
Member States of ECO Bank Trade and Development are Azerbaijan, Turkey, Iran, Pakistan, Afghanistan and Kyrgyzstan. The Bank maintains sustainable economic development and regional integration both in public and private sectors, satisfying the financial needs of various sectors in the region.