Azerbaijan receives 61 mln EUR from EBRD

Baku. 25 January. REPORT.AZ/ European Bank of Reconstruction and Development (RBRD) during November 2016 increased funds allocated to Azerbaijan by 61 mln EUR or 2.37%.

Number of projects funded by the Bank remains unchanged - 160.

According to information, payments of Azerbaijan to the Bank rose by 65,000 EUR or 3.59% to hit 1 873 mln EUR.

EBRD’s operating assets in Azerbaijan increased by 23 mln EUR or 3.81% to hit 627 mln EUR.

Bank’s current portfolio of funded projects made up 1 012 mln EUR after 12 mln EUR or 1.2% increase.

At present EBRD portfolio includes 57 active projects in Azerbaijan.