The Black Sea Trade and Development Bank has increased the volume of funds allocated to Azerbaijan by more than 15%

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Thursday, 4 June 2026

Thursday, 4 June 2026

According to the bank’s report, the total financing provided to Azerbaijan has risen by €93.579 million (15.4%), reaching €701.614 million.

The report states that these funds have been allocated across 42 operations.

Currently, the total value of 44 projects in Azerbaijan approved by the bank’s Board of Directors stands at €442.173 million. Meanwhile, signed agreements cover 46 projects amounting to €439.58 million. Compared to the previous period, these figures represent increases of €11.379 million (2.6%) and €71.043 million (19.3%), respectively.

The largest share of the bank’s portfolio in Azerbaijan is concentrated in financial institutions (49.37%). This is followed by the energy sector (35.88%), real estate (7.04%), the consumer-oriented sector (3.99%), and consumer goods (3.72%).

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