PASHA Bank rep: This creates problems with money transfers

28.06.2022,15:48


June 28, Fineko/abc.az. The Russian-Ukrainian war also affected Azerbaijan, which has trade relations with both countries, ABC.AZ reports, quoting PASHA Bank’s general director for compliance & management Anar Kerimov.

"As you know, the number of Russian financial institutions against which sanctions are imposed is steadily growing. Of course, this creates problems with money transfers. We are trying to make payments in other currencies, as far as the legislation allows. It cannot be a violation of international sanctions," he emphasized.