CBA sees no problems in "Nakhchivanbank" closure

Reorganisation of the only regional bank of Azerbaijan - "Nakhchivanbank" into a non-banking credit organisation (NBCO) "E-kredit" bank does not pose a threat to the bank's creditors, including its depositors. The Central Bank of Azerbaijan (CBA) said in a statement. "According to the latest report, "Nakhchivanbank" has no financial difficulties, its assets make it possible to fully fulfill obligations...

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