Azerbaijan's Turan Bank secures $15m ICD financing to support SMEs
Azerbaijan’s Turan Bank has signed a $15 million financing agreement with the Islamic Corporation for the Development of the Private Sector (ICD) to expand funding for small and medium-sized enterprises (SMEs) in the country.
Under the five-year agreement, ICD will provide a line of finance aimed at improving access to capital for private sector businesses and supporting SME growth in Azerbaijan.
The agreement was signed by Khalid Khalafallah and Orkhan Garayev.
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Muhammad Ali Bandial