Real estate of these banks to be put up for sale

12:56 - 4.10.2023


October 4, Fineko/abc.az. On October 26, auctions for the sale of real estate of Technika Bank and Caucasian Development Bank, which are in the process of liquidation, will be held at the Baku Auction Center.

ABC.AZ reports with reference to the liquidator of banks - the Azerbaijan Deposit Insurance Fund.

Speech is about non-residential buildings owned by Technicabank (at address: Baku, Khatai district, Babek Avenue, 12A) with an area of 187.8 sq m for AZN 394,000, for AZN 255,000, with an area of 115.9 sq m, for AZN 397,000, with an area of 188.9 sq m, for AZN 258,000, with an area of 117.4 sq m, about 2 apartments for AZN 389,000 with an area of 185.4 sq m., four apartments for AZN 322,000, 153.2 sq m. seven apartments for AZN 245,000, 111.5 sq m. A land plot with an area of 0.8105 hectares with total value of AZN 2.1 million belonging to the Caucasian Development Bank, located at address: 44 Ingilab Ismailov Street, Khatai district, Baku, is also put up for auction.

In general, the value of the real estate put up for auction is AZN 7.185 million.