Loan through ICT fund

 

“Bank BTB” OJSC offers low-interest loans to its costumers by the IT Development Fund line to develope entrepreneurship in the ICT sector, integrate new technologies in the local economy, expand the application of scientific research and innovation in the development of information technology.
The Bank is one of the five members of the Fund. By means of finance of the Fund the preferential loans are issued with the following terms:

Loan amount:
From 10 000 AZN up to 50 000 AZN – Small loans;
From 50 001 AZN up to 500 000 AZN - Medium loans;
From 500 001 AZN up to 5 000 000 AZN – Large loans.

Maturity of loan:
For small loans – up to 3 (three) years;
For medium loans – up to 5 (five) years;
For large loans – up to 10 (ten) years.

Interest rate:
5%, regardless of maturity and amount.

Information about obtaining preferential loans under the IT Development Fund can be found in the Fund's website - http: //ictfund.gov.az//

Last modified on Wednesday, 21 September 2016 14:09