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News about Micro Finance Bank of Azerbaijan
IFC to re-consider format of second loan to AccessBank
The International Finance Corporation (IFC) will re-consider plans of direct financing for AccessBank (previous Micro Finance Bank of Azerbaijan (MFBA). The IFC representative to Azerbaijan Aliya Azimova has said that consultations on the loan AccessBank
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Micro Finance Bank opens branch in Mingachevir
The Micro Finance Bank of Azerbaijan opened another regional branch in the city of Mingachevir. The opening of the branch was made possible by the support of the BP Oil Company and its co-ventures and the International Financial Corporation (IFC),
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Micro Finance Bank opened a new branch
The Micro Finance Bank of Azerbaijan recently opened their new branch in the far Western city of Gazakh. The addition of the Gazakh branch brings the total number of MFBA locations to 15, including nine
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Switzerland provides 6 mln loan to MFBA
On behalf of the government of the Swiss Confederation, the Swiss Investment Fund for Emerging Markets (SIFEM), provides six million loan to Micro Finance Bank of Azerbaijan, reads a press release. MFBA made its first
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MFBA Agro-loan portfolio exceeds USD 1 mln
The portfolio of Micro Finnce Bank of Azerbaijan’s new agro-loan product, specially developed for agricultural and agricultural related businesses, has already reached over USD one million. MFBA launched the new agro-loan product, two-months ago in
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IFC to provide USD 15 mln to BP contractors in Azerbaijan
The International Finance Corporation and BP have started to implement a project to credit the British company's contractors in Azerbaijan to the tune of USD 15 million, BP-Azerbaijan said in a press release. According to
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Germany’s Access Microfinance buys 10% of MFBA
German company Access Microfinance Holding has acquired a 9.95 percent stake in Micro Finance Bank of Azerbaijan (MFBA), the bank reported. The results of a MFBA additional share issue totalling 4.15 million manat were registered
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Kassandra
Addressing the Union
In a short press release this past week the office of the President of the European Commission, Jose Manuel Barroso,
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The job of Eurozones’ central banker
The European Central Bank not only maintained its basic interest rate at the low level
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UKIP: Smears and signatures
Nikki Sinclaire MEP, who left the Europe of Freedom and Democracy over allegations of extremism
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