ABA: Consolidation in banking sector is inevitable

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# 11:20
21 June 2017

Consolidation in banking sector is continuously running. It’s difficult to say which banks when will be consolidated, Zakir Nuriyev, the head of Azerbaijan Banks Association (ABA) said.

 

“The banking sector is one of best developed fields of our economy. Consolidation process is one of other global processes. This is inevitable. Consolidation will happen in banking sector, but it’s impossible to say when it will happen”, Nuriyev added.

 

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THE OPERATION IS BEING PERFORMED