EBRD updates investment portfolio on Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has invested a total of 3.513 billion euros in 181 projects in Azerbaijan.

Report informs referring to the EBRD that compared to the EBRD indicators at the end of June this year, the number of projects financed by the bank in Azerbaijan has not changed, and the investment portfolio has decreased by 31 million euros.

The private sector accounts for 12% of the EBRD investment portfolio in Azerbaijan.

Currently, the EBRD portfolio for Azerbaijan includes 33 active projects (less by 1). The bank's portfolio on these projects amounted to 814 million euros (down 28 million euros), its operating assets made 741 million euros (down 14 million euros), and cumulative payments made 3.037 million euros (down 29 million euros).

According to the adjusted portfolio, infrastructure projects made 88% or 716 million euros (less than 26 million euros), projects in industry, trade, and agribusiness accounted for 8% or 67 million euros (less than 3 million euros), and financial institutions were responsible for 4% or 31 million euros (unchanged).

EBRD investments in Azerbaijan amounted to 1% of the total portfolio.

Azerbaijan has been a member of the EBRD since 1992.

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