New approaches to ABDF’s lending activities presented to authorized banks

On September 22, the Azerbaijan Business Development Fund (ABDF) held an event on the new approaches applied in the Fund's lending activities, with the participation of representatives of partner banks.

Delivering the opening speech at the event, Yasin Jalilov, Deputy Chairman of the Management Board of ABDF, highlighted the role of partner banks in delivering the state's financial support to entrepreneurs through the Fund. He noted the importance of cooperation between the Fund and partner banks in ensuring that financial support reaches entrepreneurs more efficiently and flexibly.

The new approaches applied in ABDF's lending activities, along with the relevant mechanisms, were then presented to the event's participants. During the presentation, detailed information was provided on the main directions of the new approaches, the innovations envisaged in the lending process, and the measures to be implemented within the framework of cooperation with partner banks.

As part of the event, participants' questions regarding the presented new approaches were answered, and a mutual exchange of views took place.