About half of banks based in Azerbaijan not submitted audit report

Baku. 2 June. REPORT.AZ/ Commercial banks operating in Azerbaijan, 13 out of 31 in the 2016 audit report posted on the official website. audit report posted on the official website

Report informs, they are "AGBank", "AtaBank", "International Bank of Azerbaijan", "Bank of Baku", "Bank BTB", "Bank Respublika", "Bank VTB (Azerbaijan)", "Demirbank", "NBC Bank", “Nikoil Bank”, “Rabita Bank "and “Turanbank” JSC.

2 banks - "AGBank" and "Amrahbank" issued a statement saying that the delay is due to technical reasons.

Notably, according to legislation, the banks have to disclose and publish financial report approved by the external auditor 5 months after the end of the year, ie. until May 31.