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Azerbaijan announces next bank consolidation

26.10.2017,12:44


The Association of Banks of Azerbaijan (ABA) has announced the process of consolidation in the banking sector of the country.

ABA president Zakir Nuriyev has stated that two more banks will make such a decision by the end of the year.

"The names of the two banks are not published, but now ABA is negotiating with those banks," Nuriyev said.