Р•Р‘RD TO CONSIDER ISSUE OF INVOLVING IN BANK OF BAKU CAPITAL ON 20 SEPTEMBER
Consideration of the issue for participating in the Bank of Baku, which was established in February 2005 by merging of two private banks (Bank of Baku Рё Ilkbank) by the Board of Directors of the European Bank for Reconstruction and Development (EBRD) will take place on 20 September. Initially, consideration of the issue was planned for 26 July, then was delayed for 6 September, the bank told Trend.
After making a deal technical assistance to the Bank for the institutional development Bank of Baku and improving the lending practice from the European Union TACIS Program will start. Selection of contractors is carried out within the project (Implementation of Bank of Baku Institution Building).