EBRD and Unibank to support trade finance in Azerbaijan
May 30, 2025
The European Bank for Reconstruction and Development (EBRD) has approved a trade finance line of up to €4.4 million for Azerbaijani lender Unibank under its Trade Facilitation Programme (TFP).
This trade finance agreement was signed on 16 May, at the EBRD’s 2025 Annual Meeting in London.
The newly established facility, which is aimed at supporting the export and import operations of private companies, will enable Unibank to further expand trade transactions with the international banking community.
George Orlov, the EBRD’s Financial Institutions Director for Central Asia, the Caucasus and Türkiye, said: “I am confident that this transaction will allow Unibank to expand its trade finance business and contribute to the growth of export-import operations in Azerbaijan.”
“This partnership is playing a key role in Unibank’s strategy to develop Azerbaijan’s non-oil sector,” said Unibank’s Chief Investment Officer, Emin Rasulzade.
The EBRD’s TFP programme currently operates in 27 economies, with an extensive network of more than 130 issuing banks and over 800 confirming banks, strengthening correspondent banking relationships, developing links with new markets and promoting intraregional transactions. Through the TFP, the EBRD provides guarantees to local banks, enabling smoother trade flows and increasing access to new markets for local businesses.
LATEST
Jun 09, 2026
EU names restoration of Nakhchivan railway as key investment project
News
The European Union considers the restoration of railway infrastructure in the Nakhchivan Autonomous Republic one of its key investment projects in Azerbaijan, Victor Bojkov, Head of Cooperation at the EU Delegation in Azerbaijan,
Jun 06, 2026
EBRD regional report: increases in global energy prices could generate a revenue windfall for Azerbaijan
News
Azerbaijan’s economy has lost momentum in the past year, with declining hydrocarbon output pushing the economy into contraction in early 2026, according to the latest edition of a flagship economic report by the European Bank for Reconstruction and Development (EBRD), published on 3 June.
Jun 06, 2026
Horlemann: Germany and Azerbaijan working on new green hydrogen project – EXCLUSIVE
News
Germany and Azerbaijan are preparing new projects to expand cooperation, including in the field of green hydrogen, Germany's Ambassador to Azerbaijan Ralph Horlemann told Report.
Jun 04, 2026
EU and Azerbaijan resume negotiations on a new bilateral agreement
News
On 2 and 3 June, Baku hosted the next round of negotiations of Partnership Priorities and the new Comprehensive Agreement between Azerbaijan and the European Union.
Jun 02, 2026
Azerbaijan Is a Reliable Partner for Bulgaria and the EU Countries
News
Kiril Temelkov, Deputy Minister of Energy of the Republic of Bulgaria
Jun 01, 2026
Borrero: EU wants cooperation with Azerbaijan on clean electricity trade
News
Azerbaijan has very ambitious plans for the use of wind energy in the Caspian Sea, and the European Union (EU) also plans cooperation in the field of clean electricity trade through a green energy corridor in the future, Cristina Lobillo Borrero, Director of the Energy Platform and International Relations Group at the European Commission"s Directorate-General for Energy (ENER), said at the 31st Baku Energy Forum.
May 16, 2026
EU's traditional EuroVillage event to be held in Azerbaijan's Ganja this year
News
The European Union's (EU) traditional EuroVillage event will be held in the city of Ganja in June of this year, EU Ambassador to Azerbaijan Marijana Kujundžić announced at an event held on the occasion of Europe Day.
May 06, 2026
Azerbaijan, EU explore cooperation
News
On May 5, Jeyhun Bayramov, Azerbaijan’s Minister of Foreign Affairs, met with Kaja Kallas, High Representative of the European Union for Foreign Affairs and Security Policy and Vice-President of the European Commission.
Apr 28, 2026
Azerbaijan-Czechia business forum held in Gabala
News
On April 27, an Azerbaijan-Czechia business forum was held in Gabala with the participation of President of the Republic of Azerbaijan Ilham Aliyev and Prime Minister of the Czech Republic Andrej Babiš.
Apr 24, 2026
Several documents signed as part of Azerbaijan-Latvia business forum
News
As part of the Azerbaijan–Latvia business forum, Memorandums of Understanding were signed between AZPROMO and the Latvian Chamber of Commerce and Industry, as well as “Caspian Energy Club International” LLC and “Power House Latvia” LCC.
Apr 20, 2026
Latvia engaged in fostering practical cooperation between Azerbaijan and EU - FM (Exclusive interview)
News
Latvia is engaged in fostering practical cooperation between Azerbaijan and the European Union (EU), Minister of Foreign Affairs of Latvia, Baiba Braže said in an exclusive interview
Apr 17, 2026
Azerbaijan, EU mull resuming negotiations on new bilateral agreement
News
On April 16, a meeting between delegations from Azerbaijan and the European Union took place in Brussels to resume negotiations on a new bilateral agreement and hold further discussions on the Partnership Priorities document
