IFC could lend Azerbaijani bank $15 mln

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IFC could lend Azerbaijani bank $15 mln

BAKU. Sept 11 (Interfax) - The International Finance Corporation (IFC) could lend Azerbaijan's AccessBank $15 million to expand its SME lending program, the IFC said in a statement.

The IFC's board will review the loan on November 5.

The shareholders in AccessBank are the European Bank for Reconstruction and Development (EBRD), IFC, Black Sea Trade & Development Bank, KfW, Access Holding and LFS Financial Systems GmbH.

AccessBank is one of Azerbaijan's top ten banks.