We do not plan to invest into securities: chairman of IBA-Moscow Fuad Abdullayev

"This conservative position is peculiar of not only the daughter bank, but the overall group. I think we were a way lucky, for it is known what has happened on the world financial market, including Russian", said the chairman and added that financial markets are in a poor state.

"Our work policy here envisions investment of our funds to the real economic sector. We do not plan to invest into securities, any other funds and so on. We consider that risks on the market are too high. Therefore, in the coming future we will not work on the Russian securities market", concluded Abdullayev.

/Day.Az/