EBRD updates investment portfolio for Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has invested 3.656 billion euros in 185 projects in Azerbaijan, Report informs, citing the EBRD.

The number of EBRD-financed projects in Azerbaijan has increased by 1 unit, and the investment portfolio has decreased by 139 million euros, compared to the indicators announced by the Bank for November 21 of this year.

The share of the private sector in the EBRD's investment portfolio for Azerbaijan increased by one percentage point from 13% to 14%.

Currently, EBRD has 33 active projects (0ne project more) in its portfolio for Azerbaijan. The portfolio for these projects was 836 million euros (45 million euros less), operating assets were 752 million euros (38 million euros less), and cumulative payments were 3.160 billion euros (120 million euros less).

According to the revised portfolio, 89% or 748 million euros (down 44 million euros) fell to the share of infrastructure projects, 7% or 58 million euros (1 million euros less) to industry, trade and agribusiness, and 4% or 30 million euros (1 million euros less) fell to the share of financial institutions.

EBRD's investment in Azerbaijan made up 1% of its total portfolio.

Azerbaijan has been a member of the EBRD since 1992.

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