According to the statement, SOCAR borrowed AZN 48 million or $30 million loan from Turkish Eximbank in March and AZN 93 million or $62 million in May.
Moreover, on January 22, SOCAR borrowed AZN 122 million or €70 million from Korean Eximbank.
So, SOCAR relevantly attracted $92 million from Turkish Eximbank and €70 million from Korean Eximbank.
SOCAR borrows loan from Turkish and Korean banks
01 July 2016
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SOCAR attracted loan from Korean and Turkish Eximbanks this year, AzVision.az reports citing SOCAR’s consolidated financial statement for 2015.
