Baku 14° C
EBRD can buy 25% of shares in Azerbaijan's largest bank
Finance
- 20 February, 2018
- 13:05
Add Report.az to preferred Google sources
Stay up to date with the top news!
Baku. 20 February. REPORT.AZ/ The European Bank for Reconstruction and Development (EBRD) is negotiating with the government to discuss options for privatization of the International Bank of Azerbaijan (IBA).
Report informs, head of the Bank's Resident Office in BakuIvana Duarte told Reuters.
According to him, the EBRD will review conditions when Bank will be ready for privatization. I. Duarte also noted that the organization it represents usually acquires 5% to 25% shares in joint-stock companies.
Author
EBRD Azərbaycanın ən iri bankında səhmlərin 25%-ni ala bilər
EBRD может купить 25%-ную долю в крупнейшем банке Азербайджана
Latest News
23:25
Donald Trump appoints Stephen Miller as White House chief of staff
Other countries
23:21
Unknowns attempt to set French school on fire during classes
Other countries
22:59
Photo
SOCAR and Honeywell Technologies sign Global Framework Agreement
Energy
22:38
FT: Europe threatened with new wave of attacks on transport
Other countries
22:34
Photo
Official reception to mark Azerbaijan's Victory Day held in Serbia
Foreign policy
22:09
Tahir Taghizada: Azerbaijan strengthens its role as connectivity hub between Europe and Asia
Foreign policy
21:38
Participants of Azerbaijan NGOs Cooperation Forum address President Ilham Aliyev
Domestic policy
21:19
Children in US given psilocybin-laced candy during Halloween
Other countries
21:02
Video
Baku TV prepares 'Light Born of Victory' feature for Victory Day
Domestic policy