TODAY.AZ / Business

IFC to open $5m credit line to Bank Respublika

12 March 2007 [22:54] - TODAY.AZ
IFC inked an agreement with Azerbaijan's Bank Respublika to open a $5m credit line on-lending to small and medium-sized enterprises.

Bank Respublika Office in Baku told that the credit line will be used for development of small and medium-sized enterprise in the country.

The total amount of credit lines opened for Bank Respublika by various financial institutions exceeds USD 75 million, APA reports.


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