EBRD increases its investment portfolio for Azerbaijan

The volume of the active portfolio of the European Bank for Reconstruction and Development (EBRD) in Azerbaijan as of September 30, 2023, increaased to EUR 814 mln. (including undisbursed commitments), EBRD told APA-Economics.

This figure is 3,4% or EUR 27 mln. more than the last indicator presented by the bank. The number of implemented projects was 31.

It was noted that 88% of the portfolio (719 million euros) accounts for investments in sustainable infrastructure, 8% (67 million euros) for investments in industry, trade, and agribusiness, and 4% (29 million euros) in financial institutions. The volume of operational assets of the bank increased by 7,1% in the country and amounted to 734 million euros.

Source: Azeri-Press News Agency