AccessBank Launches Education Loan Product in Azerbaijan

AccessBank has launched a new Education Loan product which is designed to help individuals finance the cost of higher and further education, both within Azerbaijan and abroad. A distinctive feature of this product is that students gaining top marks in their studies will be rewarded with lower interest rates in subsequent years of their study.

AccessBank’s loan portfolio now exceeds US$348 million and 120 thousand customers. Since the start of the year, the loan portfolio has increased by over US$51 million and 20 thousand clients. The bank disburses over 10,000 new loans every month, which includes over 2,000 retail loans.

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