Azerbaijan, Baku, Jan. 14. / Trend N. Ismayilova /
International Audit Company PriceWaterHouseCoopers completed first nine month audit of the Azerbaijani AFB Bank, held in accordance with the IFRS, the bank reported today
According to the report, as of Sep. 30 the bank's aggregate assets totaled 56.35 million manat, aggregate liabilities - 43.8 million manat, combined capital -12.5 million manat including authorized capital- 10 million manat, retained earnings- 163,000 manat
At present PriceWaterHouseCoopers is carrying out audit based on bank's activity in 2009
In Dec.2008, the Central bank of Azerbaijan (CBA) issued license to AFB Bank (formerly Azfinansbank) for implementing banking activity
On Jan. 14, the official exchange rate is 0.8028 manat to $1.
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