Turanbank, one of the leading banks of Azerbaijan, and the Incofin Investment Management investment fund signed a credit agreement for 5 million manat, attracted from IIV Mikrofinanzfonds.
Credit funds will be aimed at financing micro-entrepreneurs in Azerbaijan, which will further expand entrepreneurs access to financial resources in national currency.
Incofin Investment Management is a Belgian investment fund created in 2001 to assist inclusive financing in developing countries. To date, Incofin Investment Management is one of the leaders in socially investing. IIV Mikrofinanzfonds is a German fund and finances socially oriented banks and microfinance companies in developing countries to finance micro-entrepreneurs.
Turanbank successfully develops cooperation on attracting international credit lines to finance small and medium -sized businesses. The bank, working with such prestigious financial institutions as the International Financial Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), the Black Sea Bank of Trade and Development (BSTDB), the Bank of Trade and Development of ECO (ECO TDB), the Islamic Corporation for the Development of Private Sectors (ICD), supports the sustainable development of the nonsense sector in small and medium -sized projects.
Over 30 years from the moment of its creation, Turanbank has constantly developed thanks to its 19 points of sales, and also won an important position in the financial sector with both the quality and quantity with the help of its services. The bank is one of the key players in the financial sector of Azerbaijan, differing in its stability and reliability.
You can get detailed information about the products and services provided by the Turanbank by phone of the call center 935, on the official website of Turanbank https://bit.ly/3fuqtbq or on its pages on social networks.