EBRD and BSTDB Report Major Financing Portfolios in Azerbaijan
The EBRD and BSTDB reported significant loan portfolios in Azerbaijan, with funding focused on the energy and financial sectors.
The European Bank for Reconstruction and Development and the Black Sea Trade and Development Bank reported their financing portfolios in Azerbaijan as of September 30, 2026. The European Bank for Reconstruction and Development maintained a current loan portfolio in the country totaling 879 million euros.
Simultaneously, the Black Sea Trade and Development Bank signed agreements to finance 47 projects totaling 450.946 million euros, while the actual volume of financing provided across 42 operations reached 711.819 million euros. The bank's portfolio is heavily concentrated in the financial sector, which accounts for 50.28 percent (169.670 million euros), and energy projects, which make up 35.23 percent (118.890 million euros).
Major recipients of the Black Sea Trade and Development Bank's funding include the State Oil Company of Azerbaijan, which received 75 million dollars. In the financial sector, Bank Respublika received credit lines totaling 25 million manats, while Unibank and Azer Turk Bank received 7 million dollars and 5 million dollars in support, respectively.
