New agreement between Bank Respublika and EFSE will expand
access to finance for businesses
Bank Respublika, one of Azerbaijan's leading banks supporting
the country's real sector, has signed a major new loan agreement
with the European Fund for Southeast Europe (EFSE).
Under the agreement, EFSE will provide Bank Respublika with a
five-year loan in Azerbaijani manat (AZN) equivalent to €22
million. The funding will enable the Bank to expand its financing
capacity for businesses and increase the availability of long-term
financial resources for entrepreneurs. The proceeds will be
directed towards financing micro, small and medium-sized
enterprises (MSMEs), as well as supporting women-led
businesses.
Through its extensive branch network across the country, Bank
Respublika will ensure that the financing is accessible to
entrepreneurs in all regions of Azerbaijan.
The agreement is expected to contribute to the growth of
regional businesses, improve access to finance, create more
favourable conditions for entrepreneurship, and support the
country's sustainable economic development.
About Bank Respublika
Bank Respublika OJSC is one of Azerbaijan’s leading commercial
banks, committed to delivering innovative, reliable, and
customer-focused financial services. Established in 1992, the Bank
serves individuals, SMEs, and corporate clients through an
extensive nationwide branch network and advanced digital banking
solutions. As a systemically important financial institution, Bank
Respublika actively supports entrepreneurship, financial inclusion,
and sustainable economic development by partnering with leading
international financial institutions to expand access to finance
across Azerbaijan.
For more information about Bank Respublika, please visit:
www.bankrespublika.az
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
