The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) Group, signed 21 agreements on Thursday with Azerbaijan in collaboration with several financial institutions and commercial banks. These agreements were concluded on the sidelines of a private sector forum held in Baku.
ICD stated that Europe, Central Asia, and Azerbaijan account for the largest share of its financing portfolio, with a strong focus on trade finance operations.
The corporation highlighted its results-driven approach, noting that clear objectives are established before project implementation, followed by continuous monitoring during execution and a comprehensive evaluation upon completion.
ICD also emphasized that its partnerships span a wide range of institutions, including commercial banks, non-banking financial entities, leasing companies, development banks, and investment and financing organizations.
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