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Auditors' report-2005 submitted to President of Azerbaijan

Business Materials 27 May 2006 12:04 (UTC +04:00)

National Bank of Azerbaijan submitted an auditors report for approval of president of the country, Trend reports quoting Elman Rustamov, CEO, NBA. National Banks official auditor is Deloitte & Touche. The audit results will be published upon their approval.

By the totals of 2005, NBAs assets amounted 7,784.5bn manat, up 3.4% over year. However, NBAs capital by totals of 2005 fell by 36.9%, amounting 303,638bn manat.

Deloitte & Touche has been selected NBAs auditor by the decision of head of state for three year period and continues cooperating with NBA in 2007.

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