Bank Of Baku

SOFAZ gold reserves to be stored at its own building

SOFAZ gold reserves to be stored at its own building
# 19 November 2015 12:22 (UTC +04:00)

“There are some processes such as security of the building, determination of persons to work at the storehouse, involvement of police and etc. These works will take a certain time. However, these works will be completed soon”, Babayev said.

 

Currently, the gold reserves make 3.3% of SOFAZ portfolio.

 

The Fund has 30 tonnes of gold reserves. 

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