ID :
89047
Wed, 11/11/2009 - 15:25
Auther :

BLACK SEA TRADE AND DEVELOPMENT BANK ‘KEEN’ TO FINANCE PRIVATE SECTOR IN AZERBAIJAN

Baku, November 11 (AzerTAc). The Black Sea Trade and Development Bank (BSTDB) is interested in financing private sector in Azerbaijan, said Heyraddin Kaplan, the bank`s chairman.
“Today, we are conducting relevant negotiations with a number of Azerbaijani companies,” he said.
BSTDB is an international financial institution that supports economic development and regional cooperation by providing trade and project financing, guarantees, and equity for development projects supporting both public and private enterprises in its member countries. Objectives of the bank include promoting regional trade links, cross country projects, foreign direct investment, supporting activities that contribute to sustainable development, with an emphasis on the generation of employment in the member countries, ensuring that each operation is economically and financially sound and contributes to the development of a market orientation.

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