Azerbaijan’s Mail Ready to Start Microlending in Regions

Print
 
May 2015
Azerbaijan, May, 19 2015 - The Azerbaijan’s Ministry of Communications and High Technologies (RYTN) announced expansion of its credit practices.

According to Ali Abbasov, Azerbaijan Mail LLC (Az?rpoçt) plans to start microlending.

“First of all, such activities will be focused at villages and regions for development of small business”, - Abbasov said.

In his words, the State Information Technologies Development Fund under the Ministry is also ready to expand such activities.

“The Fund is preparing to start awarding education grants to the best university applicants”, - Abbasov said.



Source : ABC.AZ
 

Research Analysis Tools

The fund indexes, institution benchmarks and other market information displayed here are all Symbiotics designed analysis tools, created in-house by our analysts and experts. Symbiotics has one of the oldest track records in microfinance investment analysis dating back to the late 1990s; its indexes and benchmarks have been regularly used as markers by investors, asset managers, financial institutions and practitioners. These, as well as several other research products, are available through the Research Account. Click on the link below to find out more.

Learn More