Bank Of Baku

CBA: Egyptian incident will not impact on banking sector of Azerbaijan

CBA: Egyptian incident will not impact on banking sector of Azerbaijan
# 02 February 2011 13:12 (UTC +04:00)
Baku. Ali Ahmadov – APA-Economics. Incidents took place in Egypt and stopping of banks’ activities in this country will not impact on banking sector of Azerbaijan, chairman of the board of the National Bank of Azerbaijan Vadim Khubanov told APA.

To him, relations between Azerbaijani banks and banking sectors of Egypt are not so wide: “As I know, main operations of Azerbaijani banks on Egyptian correspondent accounts were not so active. That is why we do not expect serious problem”
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