'Atabank' and 'CDB' merging will be completed in three months

'Atabank' and 'CDB' merging will be completed in three months Joining of new banks to the consolidation process not planned
Finance
April 21, 2017 12:40
'Atabank' and 'CDB' merging will be completed in three months
Report.az

Baku. 21 April. REPORT.AZ/ Merging of “Atabank” and “Caspian Development Bank” OJSCs will be completed in a maximum of 3 months.

Report informs, it was stated in the press conference on merge of these banks.

It was noted that Farah Mammadova, Chairperson of "Caspian Development Bank” Supervisory Board (SB) will chair the new bank's SB and Dayanat Guliyev, “Atabank” Executive Board Chairman the EB. 

The Executive Board will consist of 7 members. 

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