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22.12.2011 17:17

Belarus Bank ready for work with Intl Bank of Azerbaijan on large projects

Belarus Bank is ready to work with the International Bank of Azerbaijan (IBA) within the framework of the agreement signed a couple of years ago.

Counselor of the Belarusian Embassy in Azerbaijan Sergei Panasyuk has stated that the agreement allows the banks to establish correspondent relationships and remove all barriers for joint work.

"Technically, Belarus Bank is ready for development of large projects in collaboration with the IBA, and such projects already exist," he said.

He also noted that today the Belarusian banking system was completely open and ready for cooperation.

"There is also an interest from the Azerbaijani banks. In particular, a range of banks are interested in the opportunity to acquire shares in the Belarusian market," Panasyuk said.

Fineko/abc, 21.12.2011

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