“Funds from the sale are accumulated in the special account in the Central Bank of Azerbaijan and then distributed to the depositors in proportional interest”, Yusifoglu said.
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Major part of assets of Azerbaijan Credit Bank, Eurobank sold
30 March 2016
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All assets of Azerbaijan Credit Bank and Eurobank have been put put up for auction, Natig Yusifoglu, director of Azerbaijan International Consulting Company LLC, which has been appointed as liquidator for these banks told, AzVision.az reports citing APA.
According to him, major part of the assets has been sold.
“Funds from the sale are accumulated in the special account in the Central Bank of Azerbaijan and then distributed to the depositors in proportional interest”, Yusifoglu said.
“Funds from the sale are accumulated in the special account in the Central Bank of Azerbaijan and then distributed to the depositors in proportional interest”, Yusifoglu said.
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