ADIF negotiating with two auction centres on sale of properties of

19 May 2025

ADIF negotiating with two auction centres on sale of properties of shut down banks

17:57 18 April 2017 Read: 809

ADIF negotiating with two auction centres on sale of properties of shut down banks

Evaluation of shut down banks’ properties ended. Azerbaijan Deposit Insurance Fund (ADIF) has an act on this issue, ADIF Executive Director Azad Javadov said at the press conference.

He stated, properties of shut down banks will be sold transparently via auctions: “Currently, we are negotiating with two auction centres. After a judicial decision, their properties will be put up for sale”.

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