Unibank has signed a two-year agreement to secure a EUR 10
million credit facility from the European Fund for Southeast Europe
(EFSE), co-managed by international asset manager Finance in
Motion. The financial resources will be fully integrated into the
bank's sub-lending program for micro and small and medium-sized
enterprises (MSMEs).
"For us, this step is not just a financial transaction, but
a strategic vector of growth. Collaboration with Finance in Motion
will enable Unibank to strengthen its support for businesses
aligned with sustainable development goals. By directing funds
exclusively toward secure and socially impactful initiatives, we
are consciously investing in a stable and healthy future for our
economy." - Acting Chairman of the Management Board
Unibank, Heybat Gadirov
Oxana Binzaru, Regional Director at Finance in
Motion, added:
"Through EFSE, we aim to empower local financial institutions
like Unibank to expand responsible MSME financing, fostering
resilient growth and tangible social impact."
About EFSE
The European Fund for Southeast Europe (EFSE) is an impact
investment fund to drive economic development and prosperity in
Southeast Europe and the Caucasus. Through its two sub-funds—the
Regional Sub-Fund (RSF) and the Ukraine Sub-Fund (USF)—EFSE
provides tailored financial solutions to foster entrepreneurship,
strengthen financial inclusion, and support local economies. EFSE
was initiated in 2005 by KfW Development Bank with the financial
support of the German Federal Ministry for Economic Cooperation and
Development (BMZ) and the European Commission. As the first
public-private partnership of its kind, EFSE draws its capital from
donor agencies, international financial institutions, and private
institutional investors. Finance in Motion GmbH, Germany, serves as
EFSE’s Portfolio Manager and Hauck & Aufhäuser Fund Services S.A.,
Luxembourg, acts as manager.
For more information on the European Fund for Southeast Europe,
please visit: www.efse.lu
About Finance in Motion
Finance in Motion structures, manages, and advises almost €4
billion across 10 funds, all classified as SFDR Article 9. These
private market funds drive impact for people and planet through
regional financial intermediaries, direct investments, advisory and
capacity building. Founded in Germany, with local expertise from
Latin America to Eastern Europe, it has been investing in emerging
markets for over 20 years.
For more information, please visit: www.finance-in-motion-com
About Unibank
Unibank is one of Azerbaijan’s leading private banks and a
systemically important financial institution in the country.
Established in 1992, the Bank serves retail and business customers
through its extensive branch network and continuously evolving
digital banking platform. In recent years, Unibank has placed a
strong emphasis on strengthening its role in sustainable finance
and has identified the development of structured green financing
solutions as one of its strategic priorities. For more information:
https://unibank.az