TODAY.AZ / Business

Azerdemiryolbank completes distribution of $2mn-credit

07 July 2006 [01:44] - TODAY.AZ
Azerdemiryolbank JS Commercial Bank has completed distribution of multipurpose credit allocated by the Black Sea Trade and Development Bank (BSTDB).

The bank told APA that the credit was distributed among $300 000, $500 000 and $1.2mn- credits to be directed to implementation of 3 investment projects.

They will be spent on expansion of regional business.

BSTDB and Azerdemiryolbank concluded the agreement on June 12.


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