Bank Of Baku

IBA-Moscow will maintain “Moscow Government’s authorized bank” status until October 2010

IBA-Moscow will maintain “Moscow Government’s authorized bank” status until October 2010
# 18 March 2009 14:49 (UTC +04:00)
Baku. Vugar Israfilov – APA-Economics. Moscow Government in the decree №121 of February 17, 2009 extended the IBA-Moscow status of “Moscow Government’s authorized bank” by 18 months.
The status of eight banks more was also prolonged (BINBANK OJSC, Bank VTB OJSC, ALFA-BANK etc.).
IBA-Moscow saiud this prolongation proves the Government’s high trust in the Bank and confirms the fact the IBA-Moscow is a reliable business partner.
Institute of Authorized banks of Moscow Government was founded 17 years ago with the purpose of arranging business interaction between the city executive powers with commercial banks. IBA-Moscow is an authorized bank of the Moscow Government since 2004.
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