Bank Of Baku

CBA not to continue process of allocation of targeted credits next year

CBA not to continue process of allocation of targeted credits next year
# 01 December 2011 11:47 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Rendering service to several big targeted credits allocated by the CBA for providence of liquidity during global crisis is being realized on schedule.

First deputy chairman of CBA Alim Guliyev said that SOCAR carried out payments on the attracted credit by closing the schedule.

To him, such credits are not considered to allocate in 2012.

Note that, in order to provide financial situation and liquidity, the CBA allocated credits to big agricultural subjects and banks. No problem occurs in repayment of these credits.
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THE OPERATION IS BEING PERFORMED