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Thursday, 17 August 2017 18:00

Court adopts plan on restructuring of IBA

Court adopts plan on restructuring of IBA

Today the Nasimi district court of Baku city has approved the plan on restructuring of IBA obligations to external creditors, Caspian Energy News (www.caspianenergy.net ) reports with reference fins.az.

It was noted that the meeting of IBA’s creditors took place on July 18 2017. Following the results of the meeting 93.9% of people voted for the adoption of the restructuring plan. According to the law “about banks” of the Republic of Azerbaijan, the plan of restructuring was considered by the Financial Supervisory Authority. 

More details:  http://fins.az/bank/926994/beynelxalq-bankin-restrukturizasiya-plani-yerli-mehkeme-terefinden-tesdiqlenib.html

Preson in charge of the newsline: Fidan Isayeva 

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