BSTDB to allot loans to two local banks
The Black Sea Trade and Development Bank (BSTDB) will allocate
loans worth $15 million to two Azerbaijani banks.
The bank's board passed a relevant decision at a meeting in Saloniki, Greece, the Ministry of Economic Development said. The long-term loans will be used for the development of small and medium enterprise in Azerbaijan as well as the disbursal of mortgage loans.
The BSTDB has lent a total of $46.7 million to Azerbaijan so far.
The bank's board passed a relevant decision at a meeting in Saloniki, Greece, the Ministry of Economic Development said. The long-term loans will be used for the development of small and medium enterprise in Azerbaijan as well as the disbursal of mortgage loans.
The BSTDB has lent a total of $46.7 million to Azerbaijan so far.
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