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The Bank Of New York Will Provide Custodial Services for SOCAR

Business Materials 31 October 2006 18:36 (UTC +04:00)

The State Oil Company of Azerbaijan (SOCAR) signed a contract with The Bank Of New York on provision of custodial services. This bank won the open bid on purchase of the international custodial services, Trend reports with reference to the statement of the SOCAR.

The Bank Of New York is a leading bank in the world rendering custodial services. The activities of the bank cover 100 markets of the world.

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