Azerbaijan Set To Establish Unified Financial Platform For Msmes

2026-05-27 03:03:43

(MENAFN- Trend News Agency) BAKU, Azerbaijan, May 27. Azerbaijan will launch a unified digital financial platform to streamline access to capital, concessional lending mechanisms, and state-backed support programs for micro, small, and medium enterprises (MSMEs), Trend reports.

This is reflected in the“State Program on expanding financial inclusion for 2027-2030” approved by the President of the Republic of Azerbaijan, Ilham Aliyev.

According to the document, it is planned to create a platform that will allow MSBs to establish contacts with authorized credit institutions and apply for preferential mechanisms.

The State Program notes that the Innovation and Digital Development Agency (IDA) has been identified as the main executor of the event. The Ministry of Agriculture (MTA) and the Mortgage and Credit Guarantee Fund (MCGF) will be involved in the process, and recommendations will be made to the Central Bank of Azerbaijan (CBA).

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