SMB

We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!

The most active entrepreneurs of 2024 have been awarded A citizen reception was held at KOBİA Results of the 6th grant competition announced for financing projects by SMB entities have been disclosed A memorandum on the green transition of SMBs signed between KOBİA and the Asian Development Bank Business forum conducted within the framework of the project "Increasing attractiveness of the Shamakhi district for private Investments" New Startups Contributing to Digitalization The 9th "KOB Fest" exhibition -sales fair is underway in Göyçay With the support of KOBİA, Azerbaijani entrepreneurs' products were showcased at the "MÜSİAD EXPO" and "Halal Expo" exhibitions Yet another meeting of the sub-group on Environmental, Social, and Corporate Governance (ESG) standards was held 8 more SMBs have received the "Startup" certificate

Training "Islamic Banking and Finance" was held 07.05.24

The training taught the differences between Islamic banking and traditional banking, Islamic financial instruments and applied mechanisms, etc.

Within the framework of cooperation between the Small and Medium Business Development Agency (KOBIA) and the Association of Turkish Member Banks, from May 1 to 3, a training session "Islamic Banking and Finance" was held in Istanbul with the aim of increasing knowledge and skills in the field of financial markets.

The event was attended by representatives of the Ministry of Economy, the Central Bank of Azerbaijan, the Entrepreneurship Development Fund, KOBIA and the country's leading banks.

The training explored the differences between Islamic banking and traditional banking, Islamic financial instruments and mechanisms of application, issues of collection and management of financial resources.

At the same time, as part of the study tour, participants held meetings with Turkish financial market regulators and professional market participants.

Training participants were awarded certificates.