Azerbaijan: Donor Visibility Event - Financial Intermediaries Capacity Building Technical Cooperation Programme

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Azerbaijan: Donor Visibility Event - Financial Intermediaries Capacity Building Technical Cooperation Programme

Customer/Client: EBRD
Period of realization: August 2022 – September 2022
Country: Azerbaijan

Project description:

The objective of this assignment was to organize a donor visibility event to mark successful completion of a programme to support capacity building of Azerbaijan’s financial institutions.
Funded by the European Bank for Reconstruction and Development (EBRD), the European Union (EU) and Türkiye, this programme aimed at strengthening resilience of local financial system and fostering lending to local micro, small and medium sized enterprises (MSMEs).
Taking place from 2019 to 2022, it involved four financial institutions: Bank Respublika, Unibank, TuranBank and MuganBank and covered two key pillars:
The first focused on strengthening strategy and business planning, risk management, IT, compliance and non-performing loans resolution. Feasibility studies have identified development needs and action plans were developed in close consultation with each of the banks. The second pillar aimed at expanding access to finance MSMEs by developing lending operations for individual banks, marketing strategies, training of staff and setting up monitoring and recovery units.

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