Aqrarkredit intends to sell troubled assets of IBA

Baku. 11 November. REPORT.AZ/ 'Aqrarkredit’ non-bank credit organization (NBCO) intends to sell and transfer to external control the troubled loans of "International Bank of Azerbaijan" (IBA) JSC.

Report informs referring to the organization.

According to report, pursuant to decision of Tender Commission established by decision of the Cabinet of Ministers on July 22, 2016, following companies were selected to evaluate assets of the company:

- PricewaterhouseCoopers Azerbaijan;

- Deloitte Azerbaijan;

- Ernst & Young Azerbaijan;

- Nexia EA" MMC;

- RSM Azerbaijan;

- BDO Azerbaijan;

- Koneko Group" MMC;

- Real Prays" MMC;

- VETO Consulting" MMC.

Tender Commission has also selected an organization for sale of assets at auction.