International Bank of Azerbaijan and Rosekäximbank, one of the leading banks of Russia, concluded a memorandum of cooperation, the signing of which was confined and announced at a meeting of the Azerbaijan-Russian Intergovernmental Commission in Moscow, April 27. The document was signed by Chairman of the Board of the International Bank of Azerbaijan Abbas Ibragimov and the Chairman of the Board of Roseximbank Azer Talybov.
Agreement provides for the joint participation of both banks in trading relations between Azerbaijan and Russia, as well as mutual support in various directions. Special attention will be sent to the possibility of financing investment projects in such promising sectors for business in Azerbaijan and Russia, as infrastructure, information technology, energy, petrochemistry, agribusiness, etc.
Entrepreneurs will be assisted in the implementation of business ideas on the most favorable terms. The possibilities created within the Memorandum will allow to offer business loans at lower interest rates and reduce customer banking. The cooperation of the parties involves interaction on the implementation of joint projects aimed at ensuring the safety of the environment, the use of natural resources and the use of green technologies.
The Chairman of the Board of the International Bank of Azerbaijan Abbas Ibragimov said that the Memorandum serves the development of external relations of the bank: “Our cooperation with Roseximbank is intended to open new opportunities for our customers. Entrepreneurs will be able to benefit from our bank cooperation. This cooperation will contribute to the development of import-export operations between Azerbaijan and Russia, further improvement of trade relations and help acquire new useful experience. “
Roseximbank Chairman Azer Talybov also noted the importance of this cooperation: “Our partnership will provide an opportunity to offer effective financial support tools to Russian exporters supplying goods and services to Azerbaijan. Joint projects will help increase the export of Russian products to Azerbaijan, as well as attracting investments in Various sectors of the economy of Azerbaijan. “
Detailed information on modern, universal, useful products and services of the International Bank of Azerbaijan can be obtained in the branches and branches of the bank on the official website of WWW.IBAR.AZ, by calling the information center for the short number 937, as well as on the official page on Facebook.