Azerbaijan adopts new decision on 7 banks in liquidation
Real estate belonging to seven banks undergoing liquidation in Azerbaijan will be put up for auction. The auctions organized by the Deposit Insurance Fund will take place on October 7 and 14.
Yulduz Salimov1 min read
In Azerbaijan, real estate belonging to seven banks undergoing liquidation will be sold at auction. The auctions will be organized by the Deposit Insurance Fund and will take place on October 7 and 14.
The properties to be sold at auction belong to banks whose operations have been suspended. The Deposit Insurance Fund is organizing the auctions.
What is known about the auctions
The auctions concern real estate owned by banks that have ceased operations. The auctions are scheduled for October 7 and 14.
The announcement does not provide more detailed information about the properties or the conditions for participating in the auctions.
Source: oxu.az
