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Local banks buy over $39M from CBA

25 January 2016 12:55 (UTC+04:00)
Local banks buy over $39M from CBA

The Central Bank of Azerbaijan sold $39.37 million to 19 domestic banks through an auction, the CBA reported on January 25.

"The CBA put up for sale $200 million, but the total requirements of banks amounted to $39.37 million,” the statement said. “The requirements were met by 100 percent."

CBA holds auctions three times a week - on Monday, Wednesday and Friday.

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