Azerbaijan's ASCO discloses annual interest rate on EBRD loan
By Trend
The annual loan interest rate of the European Bank for Reconstruction and Development (EBRD) that the Azerbaijan Caspian Shipping (ASCO) CJSC can take advantage of, will be around five percent, Chairman of ASCO Rauf Valiyev told reporters on the sidelines of today's bond auction, Trend reports.
According to him, the final decision on obtaining credit for ASCO has not yet been made.
The EBRD offered ASCO a loan of $100 million for the development of its activities.
---
Follow us on Twitter @AzerNewsAz
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!