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Azerbaijani bank prepares agreement with Black Sea Trade and Development Bank

Business Materials 23 May 2012 18:24 (UTC +04:00)

Azerbaijan, Baku, May 23 / Trend A.Hasanov /

The Azerbaijani UniBank is preparing to sign a credit for trade finance agreement with the Black Sea Trade and Development Bank (BSTDB), Unibank told Trend on Wednesday.

"BSTDB plans to allocate $5 million for projects related to trade finance," the bank noted.

The management of both banks will attend the signing ceremony to be held on May 29 at the UniBank headquarters.

The official exchange rate is 0.7860 AZN to $1 on May 23.

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