Day: December 19, 2023
Azerbaijan joined the EBRD on September 25, 1992, after the country regained its independence. Besides, the bank helps Azerbaijan diversify its economy by supporting the development of the private sector in non-oil sectors and strengthening the governance of private and state-owned companies. Further expanding access to finance for local businesses by encouraging lending by banks and non-bank financial institutions as well as by helping develop local currency and capital markets, EBRD also supports the country in developing its green economy.
