SOCAR attracts funding from Italian Bank

The State Oil Company of Azerbaijan (SOCAR) has signed a financial agreement with the Italian bank Intesa Sanpaolo, Report informs, referring to the SOCAR.

A delegation led by SOCAR Vice President Zaur Gurbanov visited Milan, Italy.

During the visit, productive meetings were held with the management teams of Intesa Sanpaolo Bank and its subsidiary Všeobecná Úverová Banka, focusing on expanding cooperation.

Additionally, meetings were conducted with existing and potential investors from Italy regarding SOCAR's bonds in the international financial market.

These meetings included a comprehensive presentation on the current financial market situation, SOCAR's financial indicators, ratings, and plans for green energy.