OREANDA-NEWS. March 24, 2009. The National Entrepreneurship Support Fund under the Ministry of Economic Development has resumed privileged entrepreneurship crediting.

The Ministry of Economic Development informed in 2009 the National Fund intends to extend privileged loans amounting AZN 130 milion due to the state budget (AZN 74 million) and earlier paid off loans. This year it has been already extended loans to over 130 entrepreneurs in two regions of the country.

The National Fund established in 1992 extends loans to entrepreneurs through 35 authorized banks and non-bank credit institutions.

In 2004-2008 the Fund extended loans amounting AZN 324 million in total.