'Aqrarkredit' CJSC sells two more enterprises pledged as collateral to IBA

'Aqrarkredit' CJSC sells two more enterprises pledged as collateral to IBA Enterprises locate in Mingachevir and Sheki
Finance
December 15, 2016 12:49
'Aqrarkredit' CJSC sells two more enterprises pledged as collateral to IBA

Baku. 15 December. REPORT.AZ/ Sale of troubled assets of the "International Bank of Azerbaijan" OJSC (IBA), presented to the "Aqrarkredit" CJSC non-banking credit institution (NBCI) for management, continues.

Report informs citing "Aqrarkredit", two more enterprises were put on sale.

These are construction materials production enterprises in Mingachevir city and Dashuz village of Sheki district. So, number of the enterprises, pledged as collateral to the IBAR and put on sale, reached 5.

Concrete production facility in Samgori district of Tbilisi (Georgia), meat and dairy products production facility in Garasu village of Sheki district and wine production facility in Novkhani village of Absheron district, which earlier put on sale, weren't sold yet.  

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