TuranBank and the Economic Trade and Development Bank (ECO TDB) signed a loan agreement to expand financing for international trade transactions. This strategic initiative is aimed at supporting international trade operations and expanding the financial capabilities of entrepreneurs throughout Azerbaijan.
The raised funds will allow TuranBank OJSC to expand import and export operations both between the member countries of this organization and between other countries, as well as support clients’ trade operations.
“We are confident that the signed contract will provide our clients with competitive financial instruments, which in turn will stimulate the development of foreign trade in Azerbaijan and contribute to the overall economic growth of the country,” said Orkhan Garayev, Chairman of the Board of TuranBank.
The signed agreement with the Economic Trade and Development Bank (ECO TDB) is the fourth in a row. Previously, our bank also attracted funds from this financial institution to finance small and medium-sized businesses (SMEs) and trade.
It is worth noting that the Economic Trade and Development Bank (ECO TDB), of which Azerbaijan is a member, supports sustainable economic development and regional integration in the countries of the region, meeting the financial needs of both the public and private sectors.
TuranBank
It’s safe with us…