US Citibank to receive license for opening representative office in Azerbaijan

The due announcement was made by Rufat Aslanly, deputy Chief Executive of the National Bank Thursday.

He said the Citibank has already received a preliminary permission and during February the National Bank will consider licensing of the US bank.

As has been reported, the Citibank representation will possibly be reorganized into a daughter bank or an affiliate in the future, in line with the bank's strategy.

/Day.Az/

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