Unibank Expands International Financial Cooperation with AKA Bank Partnership

Unibank, one of the leading commercial banks in Azerbaijan, has entered into a significant partnership with AKA Ausfuhrkredit-Gesellschaft mbH, a renowned German financial institution. The partnership, which follows a pound 5 million credit line granted by AKA to Unibank, aims to enhance the bank's international trade operations and provide more competitive financing options to its customers. This strategic move highlights Unibank's commitment to supporting local entrepreneurship and international trade.

Key Takeaways:

• Unibank has partnered with AKA Ausfuhrkredit-Gesellschaft mbH to expand its international financial cooperation, securing a pound 5 million credit line with a one-year term.
• The loan will be used to finance international trade transactions for local companies, support export-oriented activities, and promote local entrepreneurship.
• Unibank was advised by Quantum International in securing the loan.
• The partnership is expected to provide Unibank's customers with more competitive and accessible financing options.
• Farid Abushov, Chairman of Management Board of Unibank CB, emphasized the strategic importance of the partnership and Unibank's commitment to supporting local entrepreneurs.
• Marck Wengrzik, CEO of AKA Bank, highlighted the bank's strategic move to enter the Azerbaijani market through a partnership with a flexible and locally committed partner like Unibank.
• Unibank has a reputation for projects in digital banking and support for entrepreneurship, making this partnership a significant step in its international growth.
• Quantum International's involvement included deal structuring, negotiation support, and coordination with the borrower to ensure successful execution under international standards.

Statistics:

• Unibank has secured a pound 5 million credit line with AKA Ausfuhrkredit-Gesellschaft mbH, a one-year term credit.
• The loan will support international trade transactions for local companies.
• The partnership aims to promote local entrepreneurship, enhance the bank's financial trade operations, and provide competitive financing options.
• Unibank CB has emphasized its commitment to supporting the export potential of local entrepreneurs.
• AKA Bank's CEO Marck Wengrzik expressed the bank's delight to enter the Azerbaijani market through this partnership.

Sources:

• Trend News Agency (12 May 2025)
• Unibank website (About Us page)
• AKA Ausfuhrkredit-Gesellschaft mbH website (About Us page)
• Quantum International website (About Us page)