Finance
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Bank Respublika Secures Green Loan from the Dutch Development Bank Baku, November 19, 2024. During the 29th session of the Conference of the Parties to the UN Framework Convention on Climate Change (COP29), Bank Respublika, one of the largest commercial banks in the country, and the Dutch Development Bank (FMO) signed a significant loan agreement to finance green projects in Azerbaijan.
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Since today the Azerbaijan Deposit Insurance Fund (ADIF) has started payments to employees of United Credit Bank, which is in the process of liquidation. This is reported by the ADIF.
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The international rating agency ‘Fitch’ has once again confirmed the long-term credit rating of the Mortgage and Credit Guarantee Fund in foreign and local currency at the level of ‘BBB’, equal to the country's rating as ‘stable’, the Fund reported.
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