EBRD to ‘considerably’ increase investment in Azerbaijan this year

Baku, May 24, AZERTAC

There will be a significant growth in the investments of the European Bank for Reconstruction and Development`s (EBRD) in Azerbaijan in 2016, said EBRD president Suma Chakrabarti as he met with chairman of the Board of Directors of Azerbaijan`s Financial Market Control Chamber Rufat Aslanli.

Mr. Chakrabarti said EBRD attached great importance to relations with Azerbaijan, adding that the bank backs reforms conducted in the country.

Mr. Aslanli highlighted the current situation in Azerbaijan`s financial sector.

They hailed Azerbaijan-EBRD cooperation.

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