TODAY.AZ / Business

International Bank of Azerbaijan to get another $150 million syndicated loan this year

14 June 2007 [14:27] - TODAY.AZ
International Bank of Azerbaijan is planning to receive the fifth syndicated loan of $140 million to $150 million by this year’s end.
This loan is expected to come from Asian countries. 
 
IBA deputy board chair said the loan will be used for corporate purposes. 
 
International Bank of Azerbaijan’s external debts amounts to $300 million at present. 
 
/APA-Economics/ 
URL: http://www.today.az/news/business/41701.html

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