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Collaboration with Invest in Visions facilitated by Agents for Impact: AccessBank Announces New Senior Loan Agreement of $10 Million
04.11.2024

AccessBank, one of Azerbaijan's leading financial institutions focused on financing micro, small and medium-sized enterprises (MSMEs), proudly announces the signing of a new senior loan agreement of $10 million with the Funds managed by Invest in Visions facilitated by Agents for Impact.

This agreement will channel the funds into financing businesses and promoting sustainable economic development in the region. The loan is set for a three-year term and will be a vital resource for entrepreneurs to implement their projects and expand their operations.

"We are excited to announce the signing of this credit agreement with the Funds managed by Invest in Visions, facilitated by Agents for Impact and are confident that this collaboration will provide many MSMEs in Azerbaijan with access to essential financing. The funds will be directed towards projects that foster sustainable business growth and development," stated Davit Tsiklauri, Chairman of the Board of AccessBank.

AccessBank, a pioneer in the microfinancing market, has been providing services to small and medium-sized enterprises since 2002. The Bank's share holders include the Asian Development Bank, the European Investment Bank, the International Finance Corporation, and other international organizations and investment funds. With 35 branch offices, including 14 in Baku and 21 in regions.


     



16.07.2024
Nariman Asadov
Head of the Innovations team at Kapital Bank
08.06.2020
Andrea Hagmann
Member of Supervisory Board of AccessBank Azerbaijan
20.06.2019
Takhmasib Dadashev
Writer, Associate Professor of the Moscow Institute of Physics and Technology (Russia), the author of over 40 research articles and six books on innovative technologies, facial recognition and programming.
20.02.2018
Diana Cazacu
Expert of consulting company "Advision Finance"
 
21.11.2016
Jahangir Ganizadeh
Director of the Project Division of "AtaTechnology"
24.09.2013
Damla Bayik
Sales & Marketing Director of "Aura Wellness Centre"
10.09.2013
Mehmet Ayan
Food & Beverage Manager of "Green House"


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