A new partnership agreement has been reached between Unibank and the European Bank for Reconstruction and Development (EBRD) aimed at supporting trade operations. For the first time in Azerbaijan, the EBRD has allocated a trade financing limit of USD 5 million (approximately EUR 4.4 million) to Unibank under the Trade Facilitation Program (TFP).
Unibank is expanding its international financial cooperation by partnering with the renowned German financial institution, AKA Ausfuhrkredit-Gesellschaft mbH. As part of this collaboration, AKA has granted Unibank a €5 million credit line with a one-year term. Unibank was advised by Quantum International.
European Bank for Reconstruction and Development (EBRD) is providing a loan of up to US$ 10 million to Unibank Commercial Bank OJSC. The loan, which is disbursed in local currency, will be redirected toward financing micro, small, and medium-sized enterprises (MSMEs) in the Republic of Azerbaijan.
