TODAY.AZ / Business

Next selection of banks for servicing treasury not to be held earlier than 2007

14 February 2006 [09:25] - TODAY.AZ
Next competition for selection of commercial banks for servicing the treasury will not be held earlier than the beginning of 2007.

The Ministry is interested in attraction of commercial banks to this process in order to reduce expenses on servicing treasury operations. Formerly these services were provided by the International Bank of Azerbaijan and Capitalbank, APA was informed by the Ministry of Finance.

However, since January 1 Tekhnikabank has been involved in this process on Sumgait city, since September 1 AtaBank on Khachmaz region, Bank Standard on Lenkoran region, NIKoil Bank on Gebele region and Turanbank on Gadabey region.

URL: http://www.today.az/news/business/23229.html

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