Baku:The Black Sea Trade and Development Bank (BSTDB) has made significant financial commitments in Azerbaijan, signing agreements for 47 projects with a total value of 450.9 million euros as of September 30, 2026.

According to Azeri-Press news agency, actual financing for 42 operations by BSTDB reached 711.8 million euros. The Bank's Board of Directors has approved projects totaling 453.8 million euros in value.

The financial sector holds the largest share of the signed project portfolio at 50.28%, followed by the energy sector at 35.23%. Among the significant projects financed by the Bank in Azerbaijan are SOCAR with $75 million, Bank Respublika with 25 million manats, Unibank with $7 million, and Azer-Turk Bank with $5 million.