The EIB has worked with Azerbaijan since 2014.
The Bank operates under the framework of the European Neighbourhood Policy (ENP), the Eastern Partnership (EaP) and other EU bilateral agreements. We have invested more than €96 million in the country. Through cooperation with a local bank, the EIB has provided funding worth €25 million to more than 120 enterprises.
With the support of the EIB, Azerbaijan is aiming to diversify its economy. This process will likely include investments in renewable energy and energy efficiency. Our priorities in Azerbaijan feature the promotion of balanced and sustained economic development, especially for rural areas, the reduction of inequalities and the diversification of national energy sources.
All EU activities that help Azerbaijan boost economic growth are part of EU4Business Initiative instruments covering Eastern Neighbourhood countries and are delivered by the EIB in collaboration with other international financial institutions. In the face of COVID-19, we are strengthening support in areas like healthcare, digitalisation, SMEs and climate action in the EaP countries.
At a glance
The EIB provides finance and expertise for sound and sustainable investment projects in Azerbaijan.
EIB activity in Azerbaijan by sector
(since start of operations)
EIB stories in Azerbaijan
Individual stories speak far louder than figures and charts. Discover how our work improves the quality of life in Azerbaijan and beyond
Working together to reinforce resilience in the Eastern Partnership countries
In the face of COVID-19, the EIB Group together with its European Union partners is strengthening its support in areas like healthcare, digitalisation, SMEs and climate action in the 6 countries of the Eastern Partnership (Armenia, Azerbaijan, Belarus, Georgia, the Republic of Moldova and Ukraine). The EU is reinforcing resilience with an Eastern Partnership that delivers for all!
The path to road safety in Ukraine and its neighbours
Lviv’s roads saw 5958 accidents, 47 fatalities and about a thousand injuries last year. These figures are even higher in the rest of the Ukraine. The European Investment Bank’s Eastern road safety projects will make roads safer for 3.3 million users.
Climate action must rise above politics
This year’s many elections, not least the heated US presidential race, have drawn attention away from the United Nations Climate Change Conference (COP29) in Baku. But global leaders must continue to focus on combating the climate crisis and accelerating the green transition both in developed and developing economies.
Get EIB support in Azerbaijan
We can provide you with various type of financing to implement projects that promote growth and jobs in your country. We support small businesses, innovation, climate and infrastructure. Get an overview here for the whole EIB Group product range
Do you need a loan to finance your project?
If you are a public authority and need a loan over EUR 25m
Contact our local office
If you need a loan below EUR 25m
Contact our local partners
Do you have a question?
For enquiries regarding the financing facilities, activity, organisation and objectives of the EIB.
Contact the Information Desk
Tel. +352 4379-22000
Frequently asked questions
Are you a journalist?
Contact our press officer
Press office
Tel. +352 4379-21000
press@eib.org
www.eib.org/press