OREANDA-NEWS. November 30, 2012. Today AccessBank announced that it involved credits of USD  10 million from Symbiotics company. This credit granted for a period of 3 years. The main part of the involved credits will be directed to crediting of micro, small and medium enterprises.

AccessBank General Manager Michael Hoffmann, commented on the transaction as follows: " This is an important new transaction with our long-term partner “Symbiotics” which will support the current strong growth of the Bank’s lending activities to Micro and SME businesses especially in the regions of the country where the Bank is continuously expanding its outreach".

As noted Symbiotics General Director Dominique Roland (Roland Dominice): "We are very proud to make our contribution to further development of our long-time partner AccessBank Azerbaijan. Through MSMEs bonds, we can cooperate with more investors and obsessing market development of micro-small enterprises, to offer a direct impact on financial institutions in the first tier of countries with developing economies. "

Symbiotics company's mission is the contribution to the facilitation of access to capital and economic development at a global level, ensuring openness, social responsibility and sustainability. The company integrates socially responsible investors with micro, small and medium enterprises in low-income countries, by providing innovative investment services. Working with a variety of investors since that time Symbiotics, sent U.S. USD  1.3 billion, about half a million on the development of micro, small and medium enterprises through 150 financial institutions in 45 countries with developing economies.