The process of liquidation of "Borçalıbank", which the Central Bank of Azerbaijan removed from the market in 2005, has been finalised. This was reported by the Azerbaijan Deposit Insurance Fund (ADIF), which is the liquidator of the bank. Recall that "Borçalıbank" functioned since 1992. For 12 years after the bank's closure (until 2017), its liquidation was carried out by private companies. But 7 years ago...

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