10:23 - 14.05.2026
May 14, Fineko/abc.az. The EBRD's Middle East Conflict Response framework is designed to deploy up to €5 billion in 2026 across affected economies, including Jordan, Lebanon, the West Bank and Gaza, Iraq and neighbouring countries such as Armenia, Egypt, Türkiye and Azerbaijan, ABC.AZ informs, quoting EBRD's Managing Director for Turkey and the Caucasus, Elisabetta Falchetti.
"For Azerbaijan, we are closely monitoring potential risks and spillovers. Our role as a counter-cyclical bank is to support clients and partners in moments of stress, particularly when other sources of finance become more constrained. Our major strength is that we are close to our clients on the ground, which gives us an early view of emerging risks and allows us to respond quickly where needed. Our measures in Azerbaijan could include ensuring access to finance for trade and investment, for example, through the Trade Facilitation Program, and continued engagement with partner banks as well as corporates, particularly in the SME segment. At the same time, we see strong potential to support energy resilience and diversification, including through investments that accelerate energy transition via battery energy storage systems (BESS) and grid resilience measures,» she stated.
According to the managing director, EBRD's actions in Azerbaijan may include ensuring the availability of financial resources for trade and investment activities, in particular through the Trade Facilitation Program (TFP), as well as deepening cooperation with partner banks and corporate clients, primarily in the segment of small and medium-sized enterprises.
"In addition, the bank sees significant potential in strengthening energy sustainability and contributing to economic diversification, including investments that accelerate the energy transition through the introduction of battery-powered energy storage systems (BESS) and measures to improve the reliability of electrical networks," she added.
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