The situation in the International Bank of Azerbaijan will not affect Sberban, said Alexander Morozov, Deputy Chairman of the bank’s Executive Board.
According to him, IBA is Sberbank’s counterparty: “Volume of our liabilities is not so high. In other words, risk is also low. We are trying to solve this issue constructively. In the current situation, we don’t expect any loss”.
The banker called IBA processes “too strange situation”: “The matter is about state bank”.