Baku 21° C
EDB head: Projects worth $4B currently in approval stage
Finance
- 18 December, 2025
- 12:49
In 2025, the Eurasian Development Bank (EDB) signed loan agreements to finance 21 projects, Nikolai Podguzov, chairman of the EDB Management Board, said at the bank's final press conference for 2025, according to Report.
He said annual investments amounted to $2.6 billion.
"Currently, 27 projects worth $4 billion are in the approval stage," he noted.
The head of the EDB also emphasized that the bank's net profit for 11 months exceeded $130 million.
Author
Latest News
22:17
Putin: Russia maintains friendly relations with Azerbaijan
Region22:10
Photo
Friendly match featuring Totti held ahead of Azerbaijan–Ukraine match
Football22:07
New VFS Global visa center starts operations in Azerbaijan
Foreign policy21:50
IRGC: No peace in region without Israeli withdrawal from Lebanon
Region21:31
Politico: US oil industry warns Donald Trump of potential price spike
Other countries21:15
Death toll in Lebanon reaches 3,526 since early March
Other countries20:49
Amir of Qatar congratulates President of Azerbaijan
Foreign policy20:43
Photo
Azerbaijan's Independence Day marked in Dominican Republic for the first time
Foreign policy20:21