According to him, creation of larger banks is more expedient: “In this case, they will have higher loan portfolio, liquidity and authorized capital, interest rates on loans will be reduced. This process is currently underway”.
We support consolidation of banks rather than their closure - MP
02 February 2016
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"We support consolidation of banks rather than their closure", MP Vahid Ahmadov said on Feb. 2, AzVision.az reports.
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