Bank Of Baku

Financial Markets Supervisory Authority comments on reports about revoking lisences of several banks

Financial Markets Supervisory Authority comments on reports about revoking lisences of several banks
# 15 September 2016 14:05 (UTC +04:00)

“We have seen this information of the IMF. This report was prepared on the basis of the Fund’s mission to Azerbaijan in June. After this mission, we revoked licences of four banks and started liquidation process of two banks of which licence had been revoked earlier. This process has already been completed”, the Authority said.

 

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