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Azerbaijani firms to apply for BSTDB funding online

7 May 2013 09:49 (UTC+04:00)
Azerbaijani firms to apply for BSTDB funding online

The Black Sea Trade and Development Bank (BSTDB) introduced an online application form to help regional companies apply quickly and "paper free" for BSTDB financing, BSTDB said on Monday.

The Online Application is easy to complete and it will help BSTDB teams to speed up project preparation and promptly respond to the growing demand for the Bank's services.
The Form is available on BSTDB's website: http://www.bstdb.org/products-and-services/online-business-proposal-form

At present, Greece, Russia and Turkey remain the bank's largest shareholders with stakes of 16.5 percent each. Romania owns 14 percent, Bulgaria and Ukraine - 13.5 percent each, Azerbaijan - 5 percent, Albania - 2 percent, Armenia and Moldova - 1 percent each and Georgia - 0.5 percent.

Azerbaijani Economic Development Minister Shahin Mustafayev is a manager in BSTDB from the Azerbaijani side.

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