Azerbaijan, Baku, Sept. 2 / Trend /
Due to recent media reports that did not reflect the reality, the management of the Azerbaijani Texnika Bank has announced that the former head of the Baku branch Zal Yusifov's criminal activities became known in August 2008 through the bank's internal supervision system, and the law enforcement bodies were immediately notified, the bank said on Sept. 2.
"At present the criminal case against Yusifov is being carried out by the Serious Crimes Court, said the company.
In criminal case N 613, only three suspects, Zal Yusifov, Islam Yusifov and Samaya Mammadova, were bank employees.
The unreliable information appearing in the media, along with creating misconception among the public, is regarded as interference and a means to influence the judicial process, but also as a deliberate attempt to damage the bank's image.
Texnika Bank was established in 1993 and is the country's third largest bank in terms of volume of assets. The bank provides services in accordance with European standards, with a view to further strengthen the country's economy. At present the bank has 35 branches with professional staff in various regions of the country. The staff consists of 592 people. The bank's credit policy is aimed at funding projects to promote entrepreneurship in the country, contributing to the creation of new jobs.