SOCAR deposits AZN 543M in three local banks

SOCAR deposits AZN 543M in three local banks
# 01 July 2016 10:20 (UTC +04:00)

According to the statement, AZN 461 million was put in the International Bank of Azerbaijan, AZN 32 million in Xalg Bank and AZN 50 million in Pasha Bank.

Interestingly enough SOCAR put AZN 152 million in IBA, AZN 31 million in Xalg Bank.

Initial period of the demand deposits is less than three months.

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THE OPERATION IS BEING PERFORMED