Bank Of Baku

SOFAZ’s funds in IBA to be directed to bank’s foreign liabilities

SOFAZ’s funds in IBA to be directed to bank’s foreign liabilities
# 06 October 2016 11:57 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. State Oil Fund’s (SOFAZ) funds in the International Bank of Azerbaijan are related to fulfilment of bank’s foreign obligations, Deputy Chairman of IBA Management Board Elmir Habibullayev said.

 

Earlier, it was reported that SOFAZ placed $1 billion in the International Bank of Azerbaijan. 

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