(MENAFN- Trend News Agency)
BAKU, Azerbaijan, August 9. The current loan
portfolio of the European Bank for Reconstruction and Development
(EBRD) projects in Turkmenistan is estimated at 49 million euros,
Trend reports
with reference to the EBRD.
According to the EBRD, the bank's loan portfolio is calculated
for the implementation of 32 projects.
The majority of the project portfolio (96 percent, or 47 million
euros) is directed towards investments in industry, commerce and
agribusiness and four percent, or 2 million euros, towards
investments in financial institutions.
The bank has generally invested more than 343 million euros in
88 projects in Turkmenistan.
The European Bank for Reconstruction and Development (EBRD) is
an international financial institution that has implemented more
than 6,100 projects since its establishment.
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