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During the two months of 2024, 23.2 million manat concessional loans were granted for the financing of 647 projects by the Entrepreneurship Development Fund (EDF) through authorized credit organizations.
"Bank Respublika" OJSC, "Yelo Bank" OJSC, "Rabitabank" OJSC, "Bank of Baku" OJSC and "AccessBank" JSC stood out according to the number of concessional loans granted to entrepreneurs' investment projects during the months of January and February.
Authorized credit organizations that differ in the amount of concessional loans granted in that period include "Bank Respublika" OJSC, "International Bank of Azerbaijan" OJSC, "Rabitabank" OJSC, "Yelo Bank" OJSC and "Kapital Bank" OJSC.
It should be noted that entrepreneurs should apply to authorized credit organizations to take advantage of preferential loans of EDF. These credit organizations include banks, non-bank credit organizations and credit unions with which the Fund cooperates.