Bank Of Baku

Central Bank says reduction in provision of crediting was caused by restructuring process at IBAR

Central Bank says reduction in provision of crediting was caused by restructuring process at IBAR
# 02 November 2015 10:51 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. As of October 1, 2015, provision of crediting by Azerbaijan-based credit organization stood at AZN 19,113,500,000, down 4.89% or AZN 982.3 mln from previous month, up 8.40% or AZN 1,481.9 mln from previous year.
 
Central Bank of Azerbaijan said this was caused by restructuring process at the International Bank of Azerbaijan. 

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