SOFAZ’s funds in IBA to be directed to bank’s foreign liabilities

27 November 2024

SOFAZ’s funds in IBA to be directed to bank’s foreign liabilities

18:37 06 October 2016 Read: 1071

SOFAZ’s funds in IBA to be directed to bank’s foreign liabilities

State Oil Fund’s (SOFAZ) funds in the International Bank of Azerbaijan are related to fulfilment of bank’s foreign obligations, Deputy Chairman of IBA Management Board Elmir Habibullayev said.

Earlier, it was reported that SOFAZ placed $1 billion in the Internati

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