Bank Of Baku

Khanlar Zeynalov: “Execution level of court decisions on money demand reaches 80% in Azerbaijan”

Khanlar Zeynalov: “Execution level of court decisions on money demand reaches 80% in Azerbaijan”
# 12 October 2010 12:13 (UTC +04:00)
16-17% of this covers credit debts, Khanlar Zeynalov, chief of Justice Ministry’s Department of Execution of Court told APA.

According to him most of the execution documents on money demands are related with credit debts, alimonies, communication services, communal services. At the same time there are also documents on tax and social insurance debts, administrative fines, salaries, damage as a result of crime, lump sum allowance and other payments.

“Required payments make AZN 18-20 000, but the sums on separate issues differ sharply. The sum on these issues changes from AZN 2 to 10 millions. Most of the execution documents are for private sector – bank and credit organizations. 32.3% of the issues is alimony requirements, 13% - administrative fines” he added.


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