AccessBank, one of Azerbaijan’s leading financial institutions specializing in financing micro, small, and medium-sized enterprises (MSMEs), is pleased to announce the signing of a new three-year, multi-currency senior loan agreement totaling USD 25 million with FMO – the Dutch Entrepreneurial Development Bank (Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.).

The funds will be used to support micro-entrepreneurs and small and medium-sized enterprises, with a particular focus on women-led, youth-led, and agricultural businesses in Azerbaijan. The investment has been fully designated under the “Reducing Inequalities” label, with 100% of the facility amount contributing to inclusive economic development in the country.

FMO is the Dutch entrepreneurial development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 55+ year proven track-record in empowering entrepreneurs to make local economies more inclusive, productive, resilient and sustainable. FMO focuses on three sectors that have high development impact: Agribusiness, Food & Forestry, Energy, and Financial Institutions. With a total committed portfolio of EUR ~13.5 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally. For more information: please visit www.fmo.nl [2] 

Through this collaboration, AccessBank continues to strengthen its mission of supporting entrepreneurship, green initiatives and sustainable economic growth in Azerbaijan.

Corporation, and other international organizations and investment funds. With 36 branch offices, including 14 in Baku and 22 in regions, AccessBank continues to offer accessible financing options for MSMEs. For more detailed information on the branch offices, please follow: http://bit.ly/accessbank-filiallar [3]

For more information on the services provided by AccessBank, call 151 or visit the website at www.accessbank.az [4]. You can also follow the bank's social media accounts on Facebook [5], Instagram [6], LinkedIn [7].

*AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.