Creation, appliance and development of information and communication technologies is among the first indicators of development of the country and society.

For the purpose of information and telecommunication technologies development PASHA Bank offers special loans through funding provided by State Fund for Development of Information Technologies.

Fields and projects considered for financing:

• Execution of innovative projects
• Production of goods and services in Information and Communication Technologies (ICT)
• Services provision with use of new technologies
• Software development
• Development of services in field of data collection, processing, analysis and transfer
• Other services provision in ICT field (as well as services provided through internet channels)

Financing Terms

Loan type Amount Term
Small loans 10 000 – 50 000 AZN up to 3 years
Medium loans 50 001 – 500 000 AZN up to 5 years
Large loans 500 001 – 5 000 000 AZN up to 10 years

Loan interest rate: Maximum 5% annually
Loan commission fee: as per agreement
Payment terms: annuity or special schedule
Grace period: as per agreement