In connection with the development of business activities in Azerbaijan, our Bank is closely cooperating with a number of local and international financial institutions and uses a number of sources for further financing:
- Loans provided with the framework of SME Financing Program of the Germany-Azerbaijan Fund
Purpose of the project:
- Purchase, repair and reinstatement of local and western equipment, machines and technologies
- purchase and construction of production, commercial and administrative facilities
- re-financing of cost of fixed assets
- purchase of turnover assets
- purchase of raw materials
Applicable terms and conditions of the loan: |
Amount |
Min: 10.000 USD
Max: 120.000 USD |
Term |
For fixed assets – up to 36 months
For turnover assets – up to 18 months |
Interest rate |
24 % per annum* |
Repayment |
In installments |
Loan currency |
USD , EUR |
Grace period |
Up to 6 months |
* Interest rate and other terms and conditions under this project are determined on an individual basis upon the following criteria:
- Bank’s experience with the client
- Image and rating of the borrower in the market
- Collateral
- Term
- Other criteria
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- Loans provided with the framework of SME Financing Program of the European Bank for Reconstruction and Development
Purpose of the project:
- Purchase, repair and reinstatement of local and western equipment, machines and technologies
- purchase and construction of production, commercial and administrative facilities
- re-financing of cost of fixed assets
- purchase of turnover assets
- purchase of raw materials
Applicable terms and conditions of the loan:
Conditions * |
For loans up to USD 100.000 |
For loans up to USD 400.000 |
Amount |
min . 10.000 USD
max . 100.000 USD |
min . 100.000 USD
max . 400.000 USD |
Term |
For fixed assets – up to 36 months
For turnover assets – up to 18 months |
For fixed assets – up to 36 months
For turnover assets – up to 18 months |
Interest rate |
24 % per annum |
20 % per annum |
Repayment |
In installments |
In installments |
Loan currency |
USD |
USD |
Grace period |
For fixed assets – up to 6 months
For turnover assets – up to 3 months |
For fixed assets – up to 6 months
For turnover assets – up to 3 months |
* Interest rate and other terms and conditions under this project are determined on an individual basis upon the following criteria:
- Bank’s experience with the client
- Image and rating of the borrower in the market
- Collateral
- Term
- Other criteria
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- National Fund for Support of Entrepreneurship
In accordance with the Rules of Use of Funds of the National Fund for Support of Entrepreneurship as approved by the decree of the President of the Azerbaijan Republic, H.E. Mr. Ilham Aliyev, “Bank of Baku” was designated as one of the authorized banks for the purpose of provision of financing services with the funds of the National Fund. In line with implementation of the relevant provisions of the Decree, within the framework of the State Program for Social and Economic Development of Regions (2004-2008), «Bank of Baku» is implementing the program on allocation to local entrepreneurs and companies large loans for the purpose of carrying out of material projects of special importance.
Applicable terms and conditions of the loan: |
Amount |
Up to USD 1.000.000
Note: where the application is for more than USD 100.000, the application will be reviewed by the tender commission of the Fund |
Term |
Up to 60 months |
Interest rate |
Up to 7% per annum
Note: for mass media companies the rate is up to 5%. |
Repayment |
In installments |
Loan currency |
AZN |
Grace period |
Up to 2/3 of the term of the loan |
- Loans financed at the account of the Bank’s own resources
Purpose of the project:
- Purchase, repair and reinstatement of local and western equipment, machines and technologies
- purchase and construction of production, commercial and administrative facilities
- re-financing of cost of fixed assets
- purchase of turnover assets
- purchase of raw materials
Applicable terms and conditions of the loan: |
Amount |
min. 10.000 USD
max. up to 20% of the total capital of the Bank |
Term |
Up to 36 months |
Interest rate |
24 % per annum * |
Repayment |
In installments |
Loan currency |
AZM , USD , EUR |
Grace period |
Determine on a case-by-case basis |
* Interest rate and other terms and conditions under this project are determined on an individual basis upon the following criteria:
- Bank’s experience with the client
- Image and rating of the borrower in the market
- Collateral
- Term
- Other criteria
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Additional information:
Please send us your queries related to this service. Approach any branch or office of the Bank or call Information center 145.
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