OREANDA-NEWS. September 08, 2009. The Turanbank OJSC keeps on cooperating with the National Entrepreneurship Support Fund at the Azerbaijani Ministry of Economic Development within the frames of financing of projects, at the expense of funds, being from the  fund.

The Turanbank reports that 162 businessmen were financed from 23 regions within frames of development project of financing micro, small and medium-sized entrepreneurship, being carried out together with the fund in Azerbaijan.

“Loans in the amount of  AZN 11 million were granted on small and medium-sized entrepreneurship and micro-loans to the sum of AZN 129,000 (in the total amount of AZN 11.129 million)v

Loans for production total 52.2% that is large share of portfolio, agrarian sector makes 33%, trade – 9.3% and tourism – 5.5%,” the bank reported.

The Turanbank OJSC cooperates with the National Entrepreneurship Support Fund since 2002.