OREANDA-NEWS. August 24, 2011. DemirBank has started cooperation with one of Holland’s most prestigious financial organizations- Triodos Bank.

Under Azerbaijani bank’s report DemirBank has signed a 2-year agreement for USD 2 million with Dutch Triodos Bank’s depository Custody B.V. Fund .

Under the agreement the allocated  funds will be directed  for micro-crediting of different entrepreneurship forms. This agreement is DemirBank’s  first cooperation experience with Custody B.V. Fund . The Fund cooperates only with socially-oriented financial organizations. The Fund has highly estimated DemirBank’s achievements within socially-oriented activity.

DemirBank is cooperating with over 20 international organizations on credit programs. Among them are European Bank for Reconstruction and Development, International Finance Corporation, Asian Development Bank, Holland Finance Development Company (FMO) , Black Sea Trade and Development Bank , German-Azerbaijani Fund, German Investment Company DEG, International Development Fund OFID, USAID and other international organizations.