Unibank CB OJSC has further strengthened its position in
international financial markets by securing substantial new
funding. As part of a strategic partnership with responsAbility Investments
AG, the Bank has obtained two loan facilities totaling USD 20
million.


This cooperation is seen as a testament to Unibank’s commitment
to sustainable development principles and the strong confidence
international financial institutions place in the Bank.


Of the total amount, USD 10 million (in AZN equivalent) has been
provided by the Global Climate Partnership Fund SA for a term of 5
years. The remaining USD 10 million (in AZN equivalent) has been
extended for a 3-year term through funds managed by
responsAbility.


The newly attracted funds are intended to support the expansion
of Unibank’s loan portfolio, with a particular focus on financing
entrepreneurship and sustainable projects. This will further
strengthen the Bank’s support for the real sector of the
economy.


Heybat Gadirov, Acting Chairman of the Management Board
of Unibank CB OJSC:







"The funds raised through our cooperation with
responsAbility Investments AG will make a significant contribution
to Unibank’s sustainable development strategy. This partnership
reflects the high level of trust international financial
institutions place in our Bank. In particular, the resources
obtained through our cooperation with the Global Climate
Partnership Fund will enable us to expand green finance initiatives
and support environmentally sustainable projects. We aim to further
strengthen our activities in this direction, contributing both to
the development of entrepreneurship and to sustainable economic
growth."


Jaskirat Chadha, Head of Financial Inclusion Debt, of
responsAbility Investments AG, commented:


“We are pleased to start our partnership with Unibank, a
well-established financial institution in Azerbaijan with a strong
track record in serving retail and SME clients. This financing will
expand access to finance for local businesses and support the
development of climate finance, particularly in energy and resource
efficiency projects contributing to climate change mitigation. We
look forward to building a long-term collaboration that contributes
to sustainable private sector development and inclusive economic
growth.”


Unibank has identified cooperation with international partners
as one of its strategic priorities. Through these efforts, the Bank
continues to enhance its financial stability and provide its
customers with broader and more competitive financial
opportunities.