AZERBAIJAN: Property of shareholders, management of bankrupt banks to be confiscated

Chairman of Azerbaijan's Financial Market Supervisory Body Rufat Aslanli has informed about the process of liquidation of local banks at a meeting at the parliamentary committee.

"To date, 11 banks are in process of liquidation. We are asked why this process is delayed?" APA quoted Aslanli as saying. Read the full story
>

Related articles

AzRe's A.M. Best rating affirmed

A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of "bbb-" of AzRe Reinsurance, OJSC (AzRe) (Azerbaijan). The outlook of these Credit Ratings (ratings) remains stable.

2016-10-21

TOP EVENT

See all