Baku -0˚C Dreary

EBRD announces volume of active portfolio on Azerbaijan

Business 10:24 20 Jul, 2022

The number of projects has decreased from 34 to 33

EBRD announces volume of active portfolio on Azerbaijan

The volume of the active portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan has been 814 mln. euros (including undisbursed commitments), Qazet.az reports according to EBRD.

This indicator has decreased by 3.3% or by 28 mln. euros in comparison with the latest indicator of the Bank.

88% of the portfolio (716 mln. euros) has been made up of investment in sustainable Infrastructure, 8% (67 mln. euros) industry, commerce, and agribusiness, and 4% (31 mln. euros) in financial institutions. Operating assets of the Bank in Azerbaijan decreased by 1.8% amounting to 741 mln. euros.