SME

Unibank Secures $50 Million from FMO to Boost SME Lending

Unibank and Dutch development bank FMO have signed a four-year $50 million financing agreement. The funds will support microenterprises and SMEs, including women entrepreneurs and the agricultural sector.

Yelo Bank Launches Fully Online Loan for Small and Medium Businesses

Yelo Bank offers SMEs online loans from 30,000 to 300,000 AZN for up to 60 months with rates starting at 14% per annum. The entire process—from application to contract signing—is remote.

World Bank to Move to Single Country Representation in Azerbaijan

Azerbaijan's Economy Minister Mikayil Jabbarov discussed with the World Bank's regional director the transition to a single country representation model.

Yelo Bank Launches Fully Online Unsecured Business Loans Up to 300,000 Manats

Yelo Bank introduces a new fully online, collateral-free lending service for small and medium businesses, offering loans from 30,000 to 300,000 manats with a grace period of up to 24 months.