London court passes decision supporting IBA’s restructuring plan

London court passes decision supporting IBA’s restructuring plan
  • Clock-gray 08:26
  • calendar-gray 07 June 2017

Bank told APA-Economics that according to the decision, the foreign creditors will not be able to make claims against the assets of the International Bank of Azerbaijan (IBA) during the process of voluntary restructuring of the bank’s foreign liabilities. This decision supports voluntary restructuring process of the IBA’s liabilities.

 

 

 

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