Central Bank chair: Audit companies also distorted situation in banks

13:04 - 13.05.2020

May 13, Fineko/abc.az. Along with banks, external audit companies also misrepresented the financial position of banks.

ABC.AZ reports that the relevant statement was made at a press conference by Central Bank’s chairman Elman Rustamov.

He pointed out that the CBA will strongly fight against this: "The financial situation of the organization should not be presented better than it is in reality. Businesses and people should choose a bank based on the correct financial indicators.”

 

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