Interbank abandoned football club "Inter"

Azerbaijan International Bank Board decided to suspend the sponsorship of the football club "Inter", the bank said. The  bank explained  reason for such a decision by the desire to optimize and restructure business of the IBA.

Chairman of the Board Khalid Ahadov in connection with the decision stated that the restriction of activities in the field of sport will enable the bank to save its costs and attract existing opportunities

to the core business - banking, and more effectively implement measures for the rehabilitation of the bank.

Legal and technical issues in relation to this will be solved gradually. On the basis of the appeal of the IBA the AFFA will provide the necessary assistance for the participation of the club "Inter" in the championship until the end of the current season.

Interbank will be the founder of the club and on the basis of a management agreement, the club will be passed to the  professional team. The club   has been announced open for sponsorship. Persons wishing to become a sponsor of the club "Inter" may refer in this regard to the AFFA.

In 2015 Interbank club spent 4.418.000 manats, and in 2014 to 7.600.000 manats. -71D-