EBRD updates investment portfolio for Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has invested 3.795 billion euros in 184 projects in Azerbaijan, Report informs, citing the EBRD.

Although the number of projects financed by the EBRD in Azerbaijan did not change as of November 21, 2022, the investment portfolio was reduced by 61 million euros.

The share of the private sector in the EBRD's investment portfolio for Azerbaijan is 13%.

Currently, EBRD has 32 active projects (unchanged) in its portfolio for Azerbaijan. The portfolio for these projects was 881 million euros (32 million euros less), operating assets were 790 million euros (28 million euros less), and cumulative payments were 3.280 billion euros (51 million euros less).

According to the revised portfolio, 90% or 792 million euros (down 30 million euros) fell to the share of infrastructure projects, 7% or 59 million euros (unchanged) to industry, trade and agribusiness, and 3% or 31 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.