Bank Of Baku

Results of Mugan Bank’s audit for 2012 to be made public next month

Results of Mugan Bank’s audit for 2012 to be made public next month
# 26 April 2012 10:46 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Results of Mugan Bank’s audit for 2012 will be made public next month, said the member of bank’s Supervisory Board Shaig Alekberov.

According to him, the audit is conducted by Baker&Tilly International Audit Company and the results of control are appreciated: “So, the financial predictions were approximately fulfilled. The crisis could not influence Azerbaijan”.

He noted that, the controls mainly cover the issues on risk management.

Remind that, owned by 4 individuals has been in operation since 1992. The bank operates 31 branches, 51 ATMs and 89 POS-terminals across the country.
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THE OPERATION IS BEING PERFORMED