Orkhan Garayev, Chairman of the Management Board of TuranBank ASC, participated as a speaker in a key
panel discussion held within the framework of the 51st Annual
Meetings of the Islamic Development Bank Group.


The Chairman spoke at the panel entitled “Integrating SMEs into
Regional Value and Supply Chains: Reducing Trade Barriers, Ensuring
Order Fulfillment, and Strengthening Linkages Among Market
Participants”, where he shared strategic insights
on the role of the banking sector and regional financial
instruments in supporting the development of small and medium-sized
enterprises (SMEs). During his remarks, Garayev highlighted the
importance of efficient transport corridor management, digital
integration, and enhanced access to finance for SMEs. He also
presented the Bank’s strategic vision regarding the adaptation of
the Financing Line (LoF) instruments offered by the Islamic
Corporation for the Development of the Private Sector to business
cycles ranging from production to delivery. The Chairman emphasized
that multi-stakeholder partnership models involving government
institutions, financial organizations, digital platforms, and
logistics providers play a vital role in ensuring the sustainable
integration of SMEs into global trade networks. He noted that
Azerbaijan’s favorable business environment for entrepreneurs,
combined with TuranBank’s flexible financing solutions, will
significantly accelerate SMEs’ integration into digital e-commerce
and B2B platforms, thereby expanding their access to regional
markets.


Garayev also underscored the importance of state support
mechanisms, particularly concessional financing instruments, as key
drivers encouraging SMEs to join regional value chains and
strengthen their competitiveness.







Founded in 1992, TuranBank ASC is recognized as one of Azerbaijan’s
most stable and reliable financial institutions, offering a wide
range of banking services in line with international standards.
Operating through 22 service points across the country, the Bank
prioritizes the sustainable development and financing of the local
economy, particularly small and medium-sized enterprises. Guided by
the principles of transparency, reliability, and social
responsibility, TuranBank continues to play a significant role in
the development of Azerbaijan’s banking sector.


For more information, please visit: www.turanbank.az