Bank Respublika secures €22 million from EFSE

Jul 27, 2026

Bank Respublika, one of Azerbaijan's leading banks supporting the country's real sector, has signed a major new loan agreement with the European Fund for Southeast Europe (EFSE).

 

Under the agreement, EFSE will provide Bank Respublika with a five-year loan in Azerbaijani manat (AZN) equivalent to €22 million. The funding will enable the Bank to expand its financing capacity for businesses and increase the availability of long-term financial resources for entrepreneurs. The proceeds will be directed towards financing micro, small and medium-sized enterprises (MSMEs), as well as supporting women-led businesses.

 

Through its extensive branch network across the country, Bank Respublika will ensure that the financing is accessible to entrepreneurs in all regions of Azerbaijan.

 

The agreement is expected to contribute to the growth of regional businesses, improve access to finance, create more favourable conditions for entrepreneurship, and support the country's sustainable economic development.

LATEST

Belgian-Azerbaijani Chamber opens Baku office

News

Belgian-Azerbaijani Chamber of Commerce (BELGAZERCOM) has opened Baku office, which is a big milestone in bilateral business relations, Stef Goris, Chairman of BELGAZERCOM,

EU-Azerbaijan Business Forum 2026 to be held in Baku on 21 October

News

EU-Azerbaijan Business Forum 2026: Celebrating 10 Years of EU-Azerbaijan Business Dialogue

German–Azerbaijani Connectivity Conference 2026

News

Mobilizing Finance for Infrastructure, Transport, Logistics, Green Energy, and Digitalization along the Middle Corridor

EU Chambers Networking Breakfast Held in Baku

News

The EU Chambers Networking Breakfast was held today in Baku, bringing together representatives of EU Chambers of Commerce operating in Azerbaijan

EU highlights its role as Azerbaijan’s largest trading partner

News

EU is proud to be Azerbaijan's largest trading partner, Head of the European Union Delegation to Azerbaijan, Marijana Kujundžić, said,

Share of EU countries in Azerbaijan’s total exports exceeds 49 percent

News

In the first six months of the current year, Azerbaijan exported $8.0438 billion worth of goods to European Union countries, representing an 11% decline ($994.93 million) compared to the same period last year.

Polish business representatives to visit Azerbaijan

News

In November this year, representatives of Polish business are scheduled to take part in a trade mission to Azerbaijan.

Newly established Azerbaijan-Netherlands Chamber of Commerce inaugurated in The Hague

News

The newly established Azerbaijan-Netherlands Chamber of Commerce was inaugurated in The Hague during an official reception organized by the Embassy of the Republic of Azerbaijan on the occasion of 28 May – Independence Day, Report informs.

Bank Respublika secures €22 million from EFSE

News

New agreement between Bank Respublika and EFSE will expand access to finance for businesses

Azerbaijan-Germany Business Council to serve as platform for new cooperation opportunities

News

During the official visit of President of Azerbaijan Ilham Aliyev to Germany, the “Joint Declaration on the Establishment and Activities of the Azerbaijan-Germany Business Council” was signed.

Trade Mission to Baku (Azerbaijan) - September 28 to October 1, 2026

News

The Belgian-Azerbaijani Chamber of Commerce (BELGAZERCOM) is pleased to invite you to participate in an exclusive trade mission to Baku, the vibrant capital of the Republic of Azerbaijan.

Bank Respublika Secures EUR 15 Million from Finnfund to Support Green Finance and MSMEs in Azerbaijan

News

Bank Respublika and Finnfund Sign a Major Credit Agreement