Azerbaijan's Entrepreneurship Dev't Fund Reveals Easy-Term L...| MENAFN.COM

Thursday, 02 February 2023 11:56 GMT

Azerbaijan's Entrepreneurship Dev't Fund Reveals Easy-Term Loan Plans For 2023


(MENAFN- AzerNews)

Qabil Ashirov read more

The Entrepreneurship Development Fund will allocate AZN150m manats for concessional loans in 2023, Azernews reports referring to Osman Khaliyev, Chairman of the Fund.

In a press conference dedicated to the results of 2022, the chairman said the fund intends to increase the volume of concessional loans for business entities every year.

A total of 2,726 investment projects have been financed from January through December 2022. In this regard, the Fund has given out easy-term loans worth AZN145.9m ($85.7m).

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