Bank Of Baku

CB management board won’t be reformed - EXCLUSIVE

CB management board won’t be reformed - <span style="color: red;">EXCLUSIVE
# 11 March 2016 15:19 (UTC +04:00)

According to CB, appointment of the members of Management Board and Chairman is regulated by the Constitution of Azerbaijan Republic and Law on Central Bank: “No amendments have been made to the law in this regard”.

 

In connection with change of the legal status, labour contracts of the CB employees will not be reconsidered: “Change of the legal status does not require amendment to the labour contracts”.

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THE OPERATION IS BEING PERFORMED