EBRD expands microfinance in Azerbaijan

The European Bank for Reconstruction and Development (EBRD) is expanding its support for rural areas of Azerbaijan with two loans to Rabitabank and FINCA Azerbaijan which will benefit micro, small- and medium-sized enterprises (SMEs).

EBRD extends loan to CredAgro for small businesses microfinance

The EBRD is expanding its support for microfinance in Azerbaijan and extending a US$1m loan to the local microfinance institution CredAgro.The loan is provided under the Non-bank Microfinance Institutions Framework for Early Transition Countries launched in 2005

EBRD agrees credit line for onlending to SMEs

The EBRD has extended a credit line worth US$2m to an Azerbaijani financial institution to help provide financing specifically for Azerbaijan's micro, small- and medium -sized enterprises