AccessBank, the leading bank for micro, small, and medium-sized enterprises (MSMEs) in Azerbaijan, has announced the signing of a AZN 8.5 million senior loan agreement with Enabling Qapital, a prominent European investment company. This three-year facility is designed to provide continued access to medium-term financing for MSMEs in Azerbaijan, supporting their vital operating activities.
Davit Tsiklauri, Chairman of the Management Board of AccessBank, said: “We are very pleased to continue our partnership with Enablig Qapital. This is the second loan this year and it will allow AccessBank to expand its financing of Micro & SME businesses with a special focus on regions to further strengthen competitiveness and business inclusion across Azerbaijan. I would like once again to thank Enabling Qapital for their cooperation and hope for further strengthening our collaboration in the near future.”
Enabling Qapital Ltd (EQ) is a leading impact investment advisory company dedicated to a world where investments provide both a financial and social return. With a mission to have a positive economic, social, and environmental impact, EQ currently advises roughly USD 600m in assets within the "EMF Microfinance" and the "Spark+ Africa Fund." The company has over 50 team members globally, with registered offices in Switzerland, Liechtenstein, Luxembourg and Kenya, and a strong presence in multiple countries spanning Eastern Europe, Africa, Asia, and Latin America.