National Reserve Corporation of Russia may be involved in setting up banking institution in Azerbaijan
The National Reserve Corporation of Russia may be involved in setting up a banking institution in Azerbaijan, the head of the Joint-Stock Commercial bank National Reserve Bank Yuri Kudimov said today, Trend reports.
According to him, if the Corporations activities are intensive enough and the need to create banking institution with its involvement arises, these plans may be realized.
В"What share and for what period of time, all this will be defined by the Corporations size and activeness. We would gladly open the bank in Azerbaijan, the head of the bank emphasized.
Besides, the banks spokesman noted also, the Corporation is considering joint plans at the Azerbaijan Stock Exchange. We are familiar with the local market and the risks are acceptable for us, Kudimov noted.
Kudimov voiced also the opinion of placing the Azerbaijani shares on the Russian market. He stated the shares of enterprises would raise the interest in case they are liquid shares of the known enterprise with clear accounts and the balance. В"Generally, with good presentation to the market the shares of local enterprises could have sufficient success, the head of the bank summarized.