WorldBusiness Capital loans $10m to Azeri bank
BAKU – WorldBusiness Capital Inc of the United States signed an agreement with Azerbaijan’s Muganbank to grant $10 million loan to the bank.
The agreement was approved by the Overseas Private Investment Corporation (OPIC).
The loan term is ten years and it will be directed to financing projects of small and medium-sized enterprises dealing with construction, agriculture, transport and services.
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