IBA Closes Debts of April Martyrs

JSC International Bank of Azerbaijan has closed credit debts of the servicemen who became martyrs as a result of operations to prevent provocations by the Armenian armed forces in early April.

According to the information on the bank's website, inspection and closing of the debts were based on personal references from the martyrs' families, according to its affiliates.

The staff of IBA brought condolences to the families of martyrs who died in the struggle for independence and territorial integrity of Azerbaijan and wished the wounded a speedy recovery and return to the service of the motherland.

OJSC International Bank of Azerbaijan with a capital of 1 billion 141.3 million AZN has operated under the license of the Central Bank of Azerbaijan since 1992. Its main shareholder (51.07%) is the Government of Azerbaijan, represented by the Ministry of Finance, and the remaining 48.93% is owned by numerous minority shareholders.-- 17D-

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