OREANDA-NEWS. January 18, 2010. The Bank of Azerbaijan (BA) holds active negotiations with the international financial institutions on attraction of  additional financing.

CEO of BA Khayal Sharifzada  said that the negotiations focus on  attraction of financing to expand operations for mortgage,  consumer crediting and financing of small and middle-sized business. At the initial stage the sum of attractions will total USD 5-10 million,” K. Sharifzada  said.

BA has started the commercial activity in Azerbaijan since 1993.