BAKU, Azerbaijan, July 31. The Baku department of
the Nationwide Financial institution of Iran (Financial institution Melli Iran) is working to implement
the suggestions supplied by the Central Financial institution of Azerbaijan, CBA
Director-Normal Togrul Aliyev stated at a press convention, Pattern stories.
“The CBA is overseeing the supervisory processes for Financial institution Melli
Iran. Presently, the department’s monetary stability indicators don’t
pose any menace to its prospects. Efforts to deal with the remaining
indicators are ongoing,” he famous.
To notice, a yr in the past, CBA restricted the actions of the Baku
department of Financial institution Melli Iran, suspending all banking operations (such
as deposit taking and mortgage issuance) apart from cash transfers
from accounts.
Efforts to revive the department’s operations are ongoing.
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