Funded RSF - AccessBank
Funded RSF - AccessBank
Last update: Dec 6, 2024
Last update: Dec 6, 2024
Funded RSF - AccessBank
Last update: Dec 6, 2024

Details

Location:
Azerbaijan
Azerbaijan
Status:
Approval
Sectors:
Private Sector & Trade, Financial Services & Audit
Languages:
English
Contracting authority:
Contracting authority type:
Financial service provider
Eligibility:
Unknown
Budget:
EUR 15,000,000
Date posted:
Feb 28, 2024

Attachments

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Associated Awards

There are no awards associated with this tender.

Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation
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Description

Funded RSF - AccessBank Location: Azerbaijan Project number: 55301 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 20 Feb 2024 Status: Approved PSD disclosed: 27 Feb 2024 Project DescriptionA limit of
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Market Intelligence

Discover the Azerbaijan market report

Explore key market trends, active sectors, major donors, and business opportunities across the development landscape.

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tender Background

About the Funding Agency

EBRD - European Bank for Reconstruction and Development - is a multilateral development bank, using investment as a tool to help build market economies. Initially focused on the countries of the former Eastern Bloc (former European Communist Countries), it expanded its support to development in the democracies of 30 countries from central Europe to central Asia. EBRD invests mainly in private enterprises.

EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy.

 

About the Sectors

Private Sector & Trade

Entails initiatives that promote entrepreneurship, strengthen competitive markets, and expand domestic and international trade opportunities.


Key areas:
  • Private sector development and SME/MSME support
  • Entrepreneurship, start-ups, and business growth initiatives
  • Trade facilitation, import/export, and market access
  • Commerce, retail/wholesale, and free trade mechanisms

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

Azerbaijan

Azerbaijan has used hydrocarbon revenues to modernise transport corridors, ports and energy infrastructure, positioning itself along the Middle Corridor linking Europe and Asia. Infrastructure investment supports export capacity and ambitions to diversify into logistics, manufacturing and renewables. State-led financing has driven much of this expansion, complemented by strategic partnerships. Reducing oil dependency and strengthening private sector participation remain key to sustainable development.

Nr. of tenders: 8829
Nr. of grants: 2365
Nr. of donors: 468
Nr. of jobs: 22
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