Thu, Jul 24, 2014
A A A
Welcome bhaimia
RSS

ITFC funds a credit line of $1.3 mln for Azerbaijan’s TuranBank

Posted on 05 November 2010

From Abc.az: International Islamic Trade Finance Corporation (ITFC, Islamic Development Bank Group) a credit line for Azerbaijan’s TuranBank for support of trading operations in non-oil sector, including the private sector, which serves as the development of small and medium businesses.
The Bank reports that due to the ITFC credit line of $1.3 million they plan to provide funding for potential projects for trading operations. The credit line is given by the Corporation for one year. The size of the loan to one borrower under the line can range up to $200,000……………………………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031