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San-Serif Serif
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Economy

Contact

Commercial banks

Name of the organization

Commercial Banks

General information about the organization

  • Czech Export Bank
  • Shinhan Bank of Korea
  • Natixis Banques Populaires
  • BNP Paribas Bank
  • Societe Generale Bank
  • HSBC Bank
  • “Credit Suisse” AG Bank
  • ABN AMRO
  • US Export-Import Bank
  • "Gazprombank" SC
  • Export-Import Bank of Korea
  • COFACE Export Credit Agency of France
  • Japan's Sumitomo Mitsui Bank
  • Mizuho Bank of Japan

· The general role of commercial banks is to provide financial services to the general public and business, ensuring economic and social stability and sustainable growth of the economy. In this respect, credit creation is the most significant function of commercial banks.

Information about cooperation between Azerbaijan and the organization

· Sovereign loans were attracted for 23 projects by Commercial Banks.

- 22 projects have been completed.

- 1 project is ongoing (energy).

  • Ongoing projects:

- “Azerikimya” PU Ethylene-Polyethylene Plant Modernization and Reconstruction Project (Beneficiary: The State Oil Company of the Republic of Azerbaijan; Period: 2017 – 2025)