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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 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), 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 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 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 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 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 |
It is said that a week is a long time in politics and this week has been as long as The Commission are sometimes accused of making propaganda, especially when engaging with children, but their Speaking to New Europe ahead of his meeting with European Parliament President, Jerzy Buzek, the A GMO hot potato Near-bankrukpt Greece a culture of corruption, $1 billion a year in bribes Mr. Papandreou goes to Washington There more barriers in Ukraine than in Europe Farage to Belgium: I'm sorry; but he's not apologizing to Van Rompuy Suffer Little Children Architecture in Europe Nazi Gold starts a German-Greek war of words David Cameron and the Rumble in the Jungle The EU looks east: hot on the trail of Asian money, business Banks can create and destroy -... Banks can create money. This time-cherished truth opened the way to the last credit crisis, which still threatens the world Down with the bankers, loan sharks... Europeans have rightfully blamed greedy American bankers whose blood lust for money caused the worldwide recession that put scores of EU says ok to Greek deficit... After the European Union once again delayed any decision on whether to bail out Greece as the country struggles to Farage To Belgium: "I'm Sorry"... Speaking to New Europe ahead of his meeting with Parliament President, Jerzy Buzek, the unrepentant EFD Leader spoke about being Spanish Presidency plan for electric... Spanish Prime Minister Jose Luis Rodriguez Zapatero, whose country holds the rotating European Union presidency, has pledged to present a World unites in Haiti aid effort:... With the whole world watching, as Haiti tries to recover from the 7-richter earthquake that has reportedly killed 50,000, a Although the European Parliament dealt a surprise defeat to an EU-US deal that would have allowed American investigators to look US President Barack Obama on 16 February announced $8 billion worth of loan guarantees to In what is gearing up to be the event of the Defense calendar 2010, UK Even if you’re on the right track, you’ll get run over if you just sit The Baltic states of Latvia and Lithuania said on 24 February that they remained to be convinced that the sale Russian President Dmitri Medvedev said his country is ready to consider new sanctions against Iran Russia’s justice system is still mired in violence and arbitrariness, despite reforms promised by Kremlin Russian President Dmitry Medvedev marked the halfway point of his four-year term in office on Will China redefine great power politics?
China is presenting its ascent not as a power shift, but as a paradigm shift. The worldwide economic recession has had European Union businesses keenly eyeing China for continuing markets, Showing there is still some major differences between the European Union and China in areas |
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