Azerbaijani Finance Minister: "Mechanism for return of terrible loans ready"
  • ECONOMY

  • 12:19 14 March 2019

Azerbaijani Finance Minister: "Mechanism for return of terrible loans ready"

"The Financial Market Control Chamber deals with banks in order to specify the amount and number of loans,” said Samir Sharifov, the Minister of Finance of Azerbaijan, ONA reports.

According to the Decree,  the repayment mechanism of core amount of physical person’s loans with foreign currency as a result of devaluation in Azerbaijan in March 15, as well as the the minister stated that the expire date for the determination of the privileges applicable to the interest and stamp payment (penalty, fine) accrued to that amount is practically prepared. It is agreed by the relevant organizations.

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