FIMSA gives time to several banks to release audit report

FIMSA gives time to several banks to release audit report
# 07 June 2017 08:58 (UTC +04:00)

According to the FIMSA, they discussed reasons why several banks did not release audit reports and elimination of these reasons.

According to Law on Banks, the banks should post audit reports on their websites or media outlets within five months after the financial year ends. The banks said delays were due to the fact that there was difference of opinion between banks and auditors and FIMSA tightened the requirements on banks’ audit.

However, the FIMSA gave time to banks to release their audit reports till June 15.

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