April 11, 2024

error page

Business is my step

Azerbaijan discloses total of financial loans issued to business people through e-platform

2 min read

BAKU, Azerbaijan, Dec. 9

By Zeyni Jafarov – Pattern:

Azerbaijan is taking a range of measures to speed up the investment decision system in the spheres afflicted by the pandemic, enhance the money circumstance of business people, as effectively as guidance the financial and banking sector, Pattern experiences on Dec. 9 with reference to the Azerbaijani Ministry of Financial system.

A person of these types of measures is the Electronic Lending Platform, made by the Ministry of Economic climate to receive brief loans, with the provision of a condition promise to the business owners performing in the spheres afflicted by the pandemic in a simplified and clear way.

The Azerbaijani Ministry of Economic climate stressed that the apps from business owners affected by the pandemic are becoming recognized by means of the Electronic Lending Platform.

So, 3,200 purposes for acquiring small business loans really worth 907 million manat ($533 million) had been registered by way of the Digital Lending System in early December 2020. A decision was manufactured to issue financial loans truly worth 145 million manat ($85 million) on 471 applications.

At current, other apps are being regarded as. Business owners will be knowledgeable about the results by the electronic system inside the set up time period of time.

The issuance of business financial loans through the Digital Lending Platform enables business people to apply for them online, at the exact same time use to the licensed credit businesses and the Entrepreneurship Improvement Fund and observe the position of the application in real-time.

Abide by the creator on Twitter: @jafarov_zeyni

error-page.com © All rights reserved. | Newsphere by AF themes.