ID :
190734
Thu, 06/23/2011 - 16:11
Auther :
Shortlink :
https://www.oananews.org//node/190734
The shortlink copeid
Turanbank draws credit line from Islamic Corporation for Development of Private Sector
Azerbaijani TuranBank drew a three million dollar credit line from the Islamic Corporation for Development of the Private Sector.
The line of credit will be geared toward developing SMEs (small and medium-sized entreprisers). The bank previously attracted a loan from the ICD for one million dollars to finance two projects in construction and typography.
The new loan is granted for six years, with a one year grace period.
The minimum amount of the loan issuance could reach $100, while the maximum - two million dollars.
The line of credit will be geared toward developing SMEs (small and medium-sized entreprisers). The bank previously attracted a loan from the ICD for one million dollars to finance two projects in construction and typography.
The new loan is granted for six years, with a one year grace period.
The minimum amount of the loan issuance could reach $100, while the maximum - two million dollars.
