Azerdemiryolbank spends major part of EBRD credit line

The money was lent to more than eight hundred local businessmen, Azerdemiryolbank said.

Last year, the Bank lent ?1m to small and medium-sized enterprises.

The credit line was received from KfW, a German development bank.

Today Azerdemiryolbank, which has ten branches, four of them in the capital, Baku, and six in provinces, provides a wide range of financial services both to companies and individuals.

The size of the credits businessmen can take from Azerdemiryolbank differs between $100 and $100,000. AzerTAg