Bank Of Baku

SOCAR borrows over AZN 100 mln from Azerbaijan-based banks

SOCAR borrows over AZN 100 mln from Azerbaijan-based banks
# 01 July 2015 13:28 (UTC +04:00)

Baku. Agshin Rafigoglu – APA-Economics. SOCAR attracted total of AZN 104 mln in 2015, APA reports quoting consolidated financial statement of Ernst&Young. 

 

According to statement, SOCAR attracted AZN 13 mln on February 12 and AZN 50 mln on March 29.

 

Moreover, the company borrowed $52 mln (AZN 41 mln) from Kavkaz Development Bank on January 29.

 

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