PWC to Audit NFES Reporting

The National Fund for Entrepreneurship Support (NFES) liked the partnership of the international auditing company PricewaterhouseCoopers (PWC). This company that audited its financial statements for the last year will do it this year as well.

According to the information on the website in the State Procurement Agency, the contract between the parties will cost NFES 21,000 manat.

NFES was established in 1992. Its agents in lending are 47 bank and non-bank credit organizations. In 2013, the Fund issued preferential loans totaling 275 million AZN. In 2014 the Fund plans lending of 280 million manat. --17D-

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