Quantcast
23.4 C
United States of America
Sunday, July 25, 2021

Azerbaijani minister discloses amount of state guarantees for business credits issued in 5M2021

Must read

Azerbaijani minister discloses amount of state guarantees for business credits issued in 5M2021

BAKU, Azerbaijan, July 7

By Zeyni Jafarov – Trend:

The Entrepreneurship Development Fund under the Ministry of Economy has provided state guarantees for new business credits amounting to 129.7 million manat ($ 76.29 million) through Electronic Credit Platform in the first 5 months of 2021 under the loan-guarantee mechanism, the ministry’s head Mikayil Jabbarov said on Twitter, Trend reports on July 7.

- Advertisement -

According to Jabbarov, demand for the credits on 847 applications through the platform made up 224.1 million manat ($ 131.8 million).

As the minister earlier said, the Entrepreneurship Development Fund issued preferential loans for 24.9 million manat ($ 14.6 million) via the authorized credit organizations from January to May 2021.


- Advertisement -

Follow the author on Twitter: @jafarov_zeyni

Author:
Read more here >>> Trend – News from Azerbaijan, Georgia, Kazakhstan, Turkmenistan, Uzbekistan, Iran and Turkey.

- Advertisement -
Azerbaijani minister discloses amount of state guarantees for business credits issued in 5M2021
Newslanes Mediahttps://newslanes.com
Newslanes.com is the leading e-news platform for the latest breaking news of world today. The news repository targets everyone after factual and well-researched information from a dedicated global team of news reporters and editors.
- Advertisement -

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

- Advertisement -

Latest article