Azerbaijan reduces debt to EBRD by 4 mln EUR

Baku. 26 October. REPORT.AZ/ Investments of European Bank for Reconstruction and Development (EBRD) to Azerbaijan reached EUR 2 525 million after EUR 13 million (0.52 percent) additional allocation. Number of projects financed by the bank raised from 159 to 160, Report informs.

At present, EBRD finances 57 projects with active portfolio in Azerbaijan.

According to information, Azerbaijan reduced its debt to the bank to EUR 1 773 million after EUR 4 million (0.23 percent) payoff.

EBRD operating assets in Azerbaijan are about EUR 594 million.