Baku/19.10.23/Turan: The Central Bank of Azerbaijan (CBA) has revoked the license of Muganbank, as confirmed by the regulatory authority. All managerial responsibilities of Muganbank, including those of its General Shareholders' Meeting, have been transferred to an interim administrator.Muganbank's share in the country's banking assets stands at 1.4%, its portion in the loan portfolio at 2%, and its contribution to the sector's liabilities at 1.3...

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