BSTDB, Development Bank of Austria to finance SMEs in Azerbaijan

The Black Sea Trade and Development Bank (BSTDB) has signed a 30 million euro facility agreement with the Development Bank of Austria (OeEB) aimed to finance private sector projects and investment programs in the industry, agriculture and service sectors, as well as to provide working capital and export financing in Albania, Armenia, Azerbaijan, Georgia, Moldova and Ukraine, Trend reports referring to BSTDB on May 25.
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