AccessBank has signed a new loan agreement with the Global Climate Partnership Fund S.A. (GCPF, managed by responsAbility Investments AG) for USD 7.5 million to finance energy efficiency and renewable energy projects for MSMEs.

 This marks the second tranche of cooperation with GCPF, following the first attracted in December 2023, ahead of COP29 in Baku, which was successfully utilized to support green projects. The new, larger tranche continues Azerbaijan’s green agenda and strengthens AccessBank’s role in promoting clean energy and sustainable practices.

Chairman of the Management Board, Davit Tsiklauri, noted: “We are proud to extend our cooperation with GCPF and contribute to the decarbonization and diversification of Azerbaijan’s economy. Expanding green lending will support both a sustainable economy and the growth of MSMEs.”

AccessBank, with 36 branches across the country, continues to provide accessible financing while advancing the state’s climate goals. For more detailed information on the branch  offices, please follow: http://bit.ly/accessbank-filiallar

For more information on the services provided by AccessBank, call 151 or visit the website atwww.accessbank.az. You can also follow the bank's social media accounts on Facebook, Instagram, LinkedIn.

AccessBank CJSC operates under license No. 245 dated 25 October 2002, issued by the Central Bank of the Republic of Azerbaijan. The bank's Head Office is located at 3 Tbilisi avenue, Yasamal district, Baku city.