12:03 - 31.10.2023

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October 31, Fineko/abc.az. The Entrepreneurship Development Fund and the Ministry of Economy of the Nakhchivan Autonomous Republic held meetings with five authorized credit organizations of the Fund.

ABC.AZ reports that at meetings with the participation of the heads of Kapital Bank, the International Bank of Azerbaijan, Bank Respublika, AccessBank and Aqrarkredit, the NAR business environment and access to financial resources of entrepreneurs operating there were discussed.

It was noted that preferential loans for totally about AZN 1.4 million were given to 20 entrepreneurs of NAR through the EDF authorized credit organizations.

The main purpose of the meetings is to strengthen cooperation between the public and private sectors in the direction of increasing business access to financial resources in Nakhchivan.