Entrepreneurship Fund increased business lending last year

17:18 - 25.02.2025


February 25, Fineko/abc.az. In 2024, the Entrepreneurship Development Fund gave concessional loans for 248.1 million manats for 5,722 projects.

ABC.AZ reports, referring to the Fund, that the figure is 28% and 74.7% more, respectively, than in 2023.

In the distribution of preferential loans given during the year by region, 5.3% accounted for the city of Baku and the Absheron Economic Region, while 94.7% accounted for other regions.

In the distribution of concessional loans given during this period by amount, 28% accounted for the city of Baku and the Absheron Economic Region, and 72% for other regions.