Financing policy implemented by «Bank of Baku» is based upon building long-term, mutually beneficial and transparent relations with its customers. Bank is viewing its clients not simply as a client who is being financed, but as a strategic partner, who can benefit from a wide range of additional products and services offered by the Bank.
Corporate loans offered by the Bank are aligned to the existing market conditions both from point of view of meeting the current needs associated with business activities, as well as from long term perspective (cash flow management, increasing fixed assets, acquisition of turnover capital.
Financing services offered by «Bank of Baku» are based upon a number of main principles. Key principles which facilitate the success of our Bank in the area of business financing and our competitiveness are as follows:
- Transparent loan policy
- Attractive terms
- Fair analysis mechanism
- Client oriented marketing policy
- Professional and experienced staff
- Close cooperation with IFIs.
Financing programs implemented by the Bank will, irrespective of their size and market share, allow small and medium enterprises and private entrepreneurs, as well as large corporate customers to get various financing on attractive terms for the purpose of development of their business activities.
Bank, by cooperating with a number of local and international financial institutions for the purpose of development of business activities in Azerbaijan, uses a number of sources for further financing project in Azerbaijan:
- SME Financing Program of the Germany - Azerbaijan Fund;
- SME Financing program implemented by the European Bank for Reconstruction and Development;
- Within the framework of the program of National Fund for Support of Entrepreneurship;
- «Bank of Baku»’s own funds.
Our customers are availed of the opportunity to use various financing services within the framework of the above programs.
Main requirements imposed by the Bank upon potential borrowers are as follows:
- business should be in good standing and profitable
- accurate description of the project proposed to be financed
- professionalism of the management
- access to information (submission of information and documents as may be required by the Bank)
- availability of collateral.
Along with the aforementioned, we can impose additional requirements with respect to participants of individual financial projects.
During the last two years, in its financing activities «Bank of Baku» is gradually moving from a standard lender position to an absolutely new level – business partner and financial consultant status. Our customers can get from the Bank a wide range of the latest, flexible and efficient business advise and consulting with respect to leasing, import and export operations, preparation of business plan, company establishment and registration, cash flow management, as well as various other aspects of business activities.
Bank will also assist its customers with selection of the most appropriate form of financing and the most suitable financing product.
Note: if you wish to use our financing services, please complete a loan application form and submit it to the Bank. Following initial analysis of your application, our staff members will get in touch with you and will make an appointment for the financing interview.
Decision of the Bank on financing will be notified to you as soon as possible following financing interview and analysis of financial and other documentation of your enterprise.
Through analysis we will also determine various terms and conditions to be applicable upon your loan or credit line – amount, term, collateral, interest rate, etc. |
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Additional information
Review FAQ.
Please send us your queries related to this service or approach any branch or office of the Bank,
call in information centre under number 145.
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