Bank Of Baku

Elman Rustamov: Consolidation process of 5-7 banks is underway

Elman Rustamov: Consolidation process of 5-7 banks is underway
# 19 January 2016 09:43 (UTC +04:00)

Rustamov noted that the smaller banks must be consolidated.

 

 

According to him, the consolidation of the smaller banks is also useful for international banks: “This will help banks borrow a loan. The Central Bank of Azerbaijan has received an appeal in this regard. The matter is about consolidation of 5-7 banks”. 

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THE OPERATION IS BEING PERFORMED