The State Oil Company of Azerbaijan (SOCAR) has repaid a total of AZN 3 billion 976 million in credit loans to several local and international banks this year, APA-Economics reports citing the Company.
According to the company, 80 million manats of this amount were made up of bond payments.
- Central Bank, World Bank mull preparation of green taxonomy in Azerbaijan
- Surplus of Azerbaijan’s state budget nears AZN 3 billion
- Azerbaijan to increase educational expenditures by 8.7%
Additionally, SOCAR has obtained AZN 2 billion 529 million in new long-term and short-term loans from financial institutions this year.
