Azerbaijani Central Bank revokes RoyalBank’s licence
Azerbaijan, Baku, July 13 / Trend A. Akhundov /
Azerbaijani RoyalBank's licence issued for banking activity has been revoked upon a decision made by the Azerbaijani Central Bank, the Azerbaijani Central Bank told Trend on Friday.
RoyalBank is a commercial bank operating in Azerbaijan. It has 32 branches in Baku and regions of the country. RoyalBank was established on August 1, 1993 as a joint commercial bank OZ Bank.