International Bank of Azerbaijan attracts new foreign loan

International Bank of Azerbaijan attracts new foreign loan The amount of loan taken for a period of 1 year is 60 million dollars
Finance
April 30, 2015 12:27
International Bank of Azerbaijan attracts new foreign loan

Baku. 30 April. REPORT.AZ/ International Bank of Azerbaijan (IBA) has received a loan from the Dutch ING Bank NV. 

Report was told in the press service of the bank.

According to information, the amount of loan taken for a period of 1 year is 60 million dollars.The loan will be used for corporate purposes.

The main shareholder of the IBA is the Ministry of Finance, which owns 51.07% of the shares.

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