BAKU, Azerbaijan, December 22. The loan portfolio for the EBRD (European Bank for Reconstruction and Development) projects in Azerbaijan was estimated at 836 million euros as of December 1, 2022, Trend reports via the EBRD.
The loan book is designed for the implementation of 33 projects.
A total of 89 percent (748 million euros) of the portfolio targets investing in sustainable infrastructure projects, 7 percent (58 million euros) – in industry, trade, and agriculture, and 4 percent (30 million euros) – in financial institutions, the EBRD said.
Totally, the Bank has invested over 3.656 billion euros on 185 projects in Azerbaijan.
The EBRD is Azerbaijan's leading investor, which has been cooperating with the country since 1992.