financing

ADB Has Financed 160 Projects in Azerbaijan Worth $5.6 Billion

Since Azerbaijan joined the Asian Development Bank, $5.6 billion has been allocated to 160 projects under cooperation. This was reported by the country's Ministry of Finance.

ADB Launches AI Project for Infrastructure Resilience with Azerbaijan's Participation

The Asian Development Bank (ADB) has launched a project to use artificial intelligence to enhance infrastructure resilience and risk adaptation, with Azerbaijan among the participating countries.

Yelo Bank Offers Microcredits up to 100,000 AZN for Individual Entrepreneurs

Yelo Bank expands micro-business financing options, offering microcredits up to 100,000 AZN from 10% per annum with a grace period of up to 12 months.

Uzmetkombinat and DFC Discuss Financing for Tebinbulak Project

Uzbek steelmaker Uzmetkombinat and the U.S. International Development Finance Corporation (DFC) held preliminary talks on possible financing for the development of the Tebinbulak iron ore deposit.