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â€œKredAqroâ€: We have no misunderstanding with Texnikabank

19 July 2011 10:23 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-Economics. Chairman of the Observation Council of "KredAgro" Non-Banking Credit Organization Douglas Leavens issued a statement on writings published on media about scandal between KredAgro and Texnikabank.

â€œIn connection with the article published on media about the scandal between KredAgro and Texnikabank, I think that there is no scandal or misunderstanding between these two organizations. At the same time, currently, there is no credit or other obligations between the financial institutions. KredAqro organization uses banking, insurance and brokerage services of Texnikabank for many years. We are satisfied with their services. We reprobate the articles on press and assess it as tendentious attitude of peopleâ€, told the statement.

Remind that, CredAgro has been in operation in Azerbaijan since 2000. It operates 14 branches, 8 subsidiary offices across the republic.

Texnikabank has been in operation since 1993.