Azerbaijan

At end 2011, BSTDB active portfolio in Azerbaijan consists of 17 approved operations for the total amount of EUR 88,2 million. Azerbaijan ranks sixth in terms of BoD approved operations with 5.6% of the total portfolio, and signed operations with 5.8% of the total portfolio. The country ranks seventh in terms of outstanding financing, with 5.6% of the total portfolio.

 

Based on the 2011- 2014 Business Plan, the Bank would expect to approve on average new operations in Azerbaijan for approximately EUR 18-26 million per year or approximately EUR 88 million over the four year period.