Baku/20.05.23/Turan: "Günay Bank" OJSC, whose license was revoked by the Central Bank of Azerbaijan (CBA) on 16 May, has been officially declared bankrupt.This decision was made by the Baku Commercial Court.As expected, the Deposit Insurance Fund of Azerbaijan was appointed liquidator of the bank.The CBA revoked the license of "Günay Bank" due to the fact that the total capital of the bank is less than the prescribed requirement of AZN 50 million...

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