CAERC, together with the One Stop Export Support Center and Kapital Bank, organized a training on Financial Support in Export Operations. The informative training provided participants with theoretical knowledge and practical guidance on using financial support. Entrepreneurs received detailed information on the role of financial instruments in foreign trade, advance payments, letters of credit, factoring, guarantees, export-related loans, and other relevant topics.

The Manager of the One Stop Export Support Center, Nicat Hacizade, stated that there are extensive opportunities for exporters in Azerbaijan to utilize financial instruments such as export loans, letters of credit, and factoring. He emphasized that given the comprehensive support and potential available to exporters in the country, training on modern trade-finance instruments is essential to increase their usage and enhance entrepreneurs’ awareness. He added that conducting the training jointly with Kapital Bank, which received the highest rating in the recent evaluation by Moody’s Investor Service, will further increase its effectiveness.

Farid Hidayatzade, CEO of Kapital Bank, noted that in recent years, under the leadership of the Head of State, significant steps have been taken to develop the non-oil sector. He explained that government-supported initiatives focus on the development of the national economy, contributing to the growth of the country’s export potential and strengthening the competitiveness of domestic production in the global market. As a result, the number of exporting entrepreneurs in Azerbaijan continues to rise. To support this development, Kapital Bank develops new products and creates safe and efficient conditions for exporters by flexibly responding to the international economic environment.

It should be noted that the One Stop Export Support Center at CAERC regularly organizes such trainings for exporting entrepreneurs.