On behalf of OeEB, BFC conducts a thorough market study on the financial sectors in the South Caucasus region (Armenia, Azerbaijan, and Georgia).

The main objective of the study is to:

• Assess the general economic and financial environment of the Caucasian countries;
• Analyze the impact of the global economic crisis on studied countries;
• Identify creditworthy financial institution for each analyzed country;
• Provide recommendations on potential partners eligible for OeEB debt funding.