Rufat Aslanli: 'Parabank intends to become a non-bank credit organization'

Finance
  • 22 July, 2016
  • 07:50
Rufat Aslanli: 'Parabank intends to become a non-bank credit organization'

Baku. 22 July. REPORT.AZ/ Shareholders of one of the 4 banks in Azerbaijan, which license canceled  - 'Parabank' OJSC, intend to continue their participation in the financial market as non-bank credit organization (NBCO).

Report informs, Rufat Aslanli, Chairman of the Board of Directors of Financial Markets Control Chamber said at a press conference.

According to him, the country's legislation allows for it and if the bank shareholders conduct organizational-legal works according to the law, Chamber is ready to positively approach the issue.