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European Bank for Reconstruction and Development
- 20%
The Bank was established by the governments of 60 countries
in order to help the transfer to the market economy
in Central and Eastern Europe and the CIS. The EBRD
invested EUR 742.7 million in 28 projects in Azerbaijan
up to September 2005.
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International Finance Corporation - 20%
The IFC is part of the World Bank and assists developing
countries to attract investments to the non-oil sector
in order to reduce the level of poverty. In 1995 the IFC
invested more than USD 155 million in projects in Azerbaijan.
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KfW Development Bank – the development agency
of the German government - 24.95%
KfW is the leading German Bank in stimulating economic
development in Germany and developing countries. KfW represents
the financial interests of the German government and other
donors. KfW is the seventh biggest bank in Germany. It
has assets of EUR 360 billion and 3,700 employees.
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Black Sea Trade and Development Bank – 20%
The Bank was established by the governments of Albania,
Azerbaijan, Armenia, Bulgaria, Georgia, Greece, Moldova,
Romania, Turkey and Ukraine. The Bank’s owned capital
is USD 1.4 billion and its goal is to hasten the transfer
to a market economy in the member countries. The Bank
finances trade and projects, especially projects to develop
infrastructure.
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LFS Financial Systems GmbH – 5.09%
A strategic investor and the ideological centre of MFBA.
Established in 1997 in Germany, LFS Financial Systems
is a consulting company that specialises in financial
services for micro and small enterprises all over the
world. Its long-term projects are in Azerbaijan, Mozambique,
Madagascar, Tajikistan and Tanzania.
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ACCESS HOLDING – 9.95%
Access Microfinance Holding is a strategic investor in
microfinance, established in Berlin in August 2006. AccessHolding’s
owned capital is EUR 18 million. Its main goal is to invest
money in microfinance credit organisations.
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