Bank Of Baku

ADIF Executive Director: Normalization of Bank Standard failed

ADIF Executive Director: Normalization of Bank Standard failed
# 04 October 2016 09:51 (UTC +04:00)

According to him, the ADIF has been appointed as the liquidator of Bank Standard today: “We’ll engage in insurance payments and operate as a liquidator. The state tried to normalize Bank Standard, but failed. It was decided to declare the bank bankrupt to prevent more loss”.

 


 

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THE OPERATION IS BEING PERFORMED