Baku 20° C
Baku. 15 May. REPORT.AZ/ The composition of restructured debt of the International Bank of Azerbaijan Republic (IBAR) for a total of US $ 3,337,105,084 has become known.
Report informs referring to the IBAR website, the list includes debts in dollars and euros to 18 different creditors with a maturity in 2017-2025. SOFAZ ($ 1 billion), Cargill ($ 714,964 million), Citibank (syndicated loan and Eurobond issue of $ 705 million), Swiss bank Credit Suisse AG (syndicated loan for $ 283.967 million) and British company Emerald ($ 250 million) are the largest creditors.
In 2017, the IBAR should pay off debts in amount of $ 1 290.763 million and € 28 679.4 thousand. Ofthese, $ 500 million is SOFAZ's deposits with the bank.
