Do Azerbaijani banks have problems with settlements with Russia?

12:02 - 17.06.2022


June 17, Fineko/abc.az. "Azerbaijani banks have no problems with settlements with Russia," ABC.AZ reports, citing Zakir Nuriyev, the chairman of the Association of Banks of Azerbaijan, as saying this at finance & technology exhibition Fintex Summit.

He stressed that calculations are currently being actively carried out.

Nuriyev also spoke about interest rates on business loans. He said that banks are discussing interest rates on business loans.

"In general, we’ll be able to provide financing for the proposals sent to us in accord with the business model," the ABA chairman added.