Over $4M property of 2 Azerbaijani banks in process of liquidation to be auctioned

On October 26, Baku Auction Center LLC will hold auctions for the sale of real estate of Texnika Bank and Qafqaz Development Bank OJSC, which are in the process of liquidation, said the liquidator of the banks - Azerbaijan Deposit Insurance Fund, Report informs.

In total, the value of the auctioned properties is 7,185,000 manats ($4.23 million).