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The European Bank for Reconstruction and Development (EBRD) is providing AccessBank with a financial package to support the development of micro, small, and medium enterprises (MSMEs) in Azerbaijan, according to the press releases by the banks. According to the agreement, EBRD will act as the main lender by providing a syndicated loan of approximately $10mn (€9.24mn). The B-category creditor is the European Fund for Southeast Europe (EFSE). Both financial institutions will provide AccessBank with a loan worth approximately $5mn (€4.6mn) in local currency equivalent. AccessBank will use the fun…

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