Concessional Lending of Business Declined

In 2015, the National Entrepreneurship Support Fund provided 248 500 000 AZN to entrepreneurs. This is 16% less than in the previous year.

According to the NFES, last year credits were given to 5,243 subjects. The number of those granted loans during the year (5,243 individuals and legal entities) decreased by 6% (317).

In 2016, the state budget will allocate NFES AZN 66 million to finance business. It is 91 million manats lower than last year. ---08D

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