"Today, we, along with the Interior Ministry and Prosecutor General`s Office continue to work for the return of bank funds issued on credit. On the other hand, in order not to harm depositors, it was decided to transfer some troubled bank assets to CJS "Aqrarkredit". We are talking about the various plants and factories, whose work is currently unsatisfactory. We intend to improve them, and then sell in order to to return the part of the funds of the bank", Sharifov said.
Problem assets of IBA Bank to be sold after rehabilitation - Minister
25 January 2016
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The work on the improvement of the International Bank of Azerbaijan (IBA) continues, Finance Minister Samir Sharifov said.
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