Azerbaijan

At end 2010, BSTDB active portfolio in Azerbaijan amounted to 14 operations approved by the Board of Directors (BoD), involving an investment of € 64.2 million. Azerbaijan ranks seventh in terms of BoD approved operations, with 5.6% of the total portfolio, sixth in terms of signed operations, with 6.3% of the total portfolio, and seventh in amounts outstanding, with 5.7% 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.