06/04/2010 15:37
Azerbaijan’s ruling ‘Family’ establishes a bank
A new bank is opening in Azerbaijan, according to the report by Azadliq paper. The point is that bank’s owners are the Alievs, ruling family of President of Azerbaijan, Ilham Aliev.
According to the source, the bank’s charter capital is $188 million; it will be named as ‘Seigneur’, or ‘Signora’, and will start working in the near future; the Alievs bank’s is expected to become the leading bank of Azerbaijan, leaving all others behind.