Baku, Azerbaijan, Feb. 28
By Anvar Mammadov – Trend:
The Azerbaijan Deposit Insurance Fund (ADIF) has applied to the court to create creditor committees in most liquidated banks, ADIF Deputy Chairman Vugar Abdullayev said.
He made the remarks at a meeting of the creditors’ committee of Bank Standard JSC.
Abdullayev said creditor committees will be created in all liquidated banks in the near future, in particular, in Demirbank OJSC.
Creditor committees have been created in Bank Standard, AtaBank, Kredobank, Caucasus Development Bank and GanjaBank so far.
Currently, ADIF is engaged in liquidation of 12 banks.