Russian Central Bank officially confirms increase of IBA-Moscow’s authorized capital

Russian Central Bank officially confirms increase of IBA-Moscow’s authorized capital
# 25 September 2014 11:42 (UTC +04:00)

Baku. Musa Ahmadov – APA-Economics. Central Bank of the Russian Federation Main Branch for the Central Federal District, Moscow has considered appeal of the International Bank of Azerbaijan’s subsidiary company IBA-Moscow.

Bank says the Main Branch has passed a decision on increase of IBA-Moscow’s authorized capital to RR 2,110,426,650 and sending related documents to the

competent authority.

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THE OPERATION IS BEING PERFORMED