Bank Of Baku

IBAR’s islamic banking department abolished – EXCLUSIVE

IBAR’s islamic banking department abolished – EXCLUSIVE
# 13 October 2015 07:29 (UTC +04:00)

The bank told APA-Economics that head of department Behnam Gurbanzade and other employees have been dismissed.

 

IBA was the first bank applying Islamic banking in the region. In September 2012, the bank launched Islamic Window. Then het department of Islamic banking was established in the bank. The department started to provide service in April 2013. 

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