AccessBank, one of Azerbaijan’s leading financial institutions in micro, small, and medium enterprise (MSME) financing, has announced the successful expansion of its existing loan facility with the European Bank of Reconstruction and Development (EBRD), securing a second tranche of USD 10 million to further support MSME lending.
The funds will be directed toward the support and development of micro, small, and medium-sized enterprises across the country. This financing will further strengthen AccessBank’s role as a key driver of sustainable economic growth in Azerbaijan, enabling broader access to financial resources for local entrepreneurs.
“Supporting micro, small, and medium-sized enterprises is one of AccessBank’s strategic priorities. This new financing from the EBRD will help us expand access to capital for our clients, particularly in response to growing demand for MSME lending. We are proud of our long-standing partnership with the EBRD, which is built on shared values and a joint commitment to sustainable economic development,” said Davit Tsiklauri, Chairman of the Management Board at AccessBank.
The EBRD’s financing also aims to promote inclusive economic growth and strengthen the role of the private sector in Azerbaijan. This partnership reflects the shared dedication of both institutions to supporting entrepreneurship, fostering job creation, and enhancing financial resilience in the region.
Corporation, and other international organizations and investment funds. With 36 branch offices, including 14 in Baku and 22 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branh offices, please follow: http://bit.ly/accessbank-filiallar .
For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az. You can also follow the bank's social media accounts on (Facebook, Instagram, LinkedIn).
*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office islocated at 3 Tbilisi avenue, Yasamal district, Baku city.
