Marking a significant milestone, TuranBank OJSC, Azerbaijan has entered into a pivotal agreement with the Asian Development Bank (ADB) to finance international trade operations.
Within the framework of the new agreement, ADB approved a trade financing guarantee limit by including TuranBank OJSC in the "Trade and Supply Chain Financing Programme" (TSCFP). This agreement will allow the country to expand import-export operations and support customers' trade operations.
"We are happy to see that TSCFP is building relationship with TuranBank in Azerbaijan. ADB is committed to enabling global trade and supporting jobs and economic development. This partnership is critical for supply chains and food security in Azerbaijan." said Candice McDeigan, ADB Country Director for Azerbaijan.
