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Rufat Aslanli: 'Parabank intends to become a non-bank credit organization'

If bank shareholders conduct organizational-legal works according to law, Chamber is ready to positively approach issue

Baku. 22 July. REPORT.AZ/ Shareholders of one of the 4 banks in Azerbaijan, which license canceled  - 'Parabank' OJSC, intend to continue their participation in the financial market as non-bank credit organization (NBCO).

Report informs, Rufat Aslanli, Chairman of the Board of Directors of Financial Markets Control Chamber said at a press conference.

According to him, the country's legislation allows for it and if the bank shareholders conduct organizational-legal works according to the law, Chamber is ready to positively approach the issue. 

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