Azerbaijan central bank issues loan to Azerbaijan Deposit Insurance Fund.
Global Banking News-March 14, 2016--Azerbaijan central bank issues loan to Azerbaijan Deposit Insurance Fund
(C)2016 ENPublishing - http://www.enpublishing.co.uk
Global Banking News - 14 March 2016
(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk
The Azerbaijan central bank has announced that it has allotted funds to the Azerbaijani deposit insurance fund (ADIF).
The central bank said that it has allocated a loan worth AZR22m to ADIF. The loan has been allocated for a period of one year at 5 percent per annum.
Officials said that the fund would help sustain the currency structure of the fund's assets.
[Editorial queries for this story should be sent to email@example.com]
((Distributed via M2 Communications - http://www.m2.com))