Bank with revoked license: customers can withdraw funds at any time

17:55 - 13.10.2022


October 13, Fineko/abc.az. "The bank was liquidated by the decision of the central office of the National Bank of Pakistan. In this regard, despite 2 months of negotiations, it was decided to voluntarily liquidate the Baku branch of the bank," ABC.AZ reports, referring to the Baku branch of the National Bank of Pakistan, whose license has been revoked.

The branch does not have any liabilities to legal entities, while other customers can withdraw their funds from the bank at any time.

The obligations of the Baku branch of the bank to customers currently amount to 500,000 manats.

It was noted that the process of liquidation of the branch will be completed until the end of this year.