Monday, 17 June 2024

Elman Rustamov: “CBA to build its new building at its own expense”

Central Bank of Azerbaijan (CBA)  will build the new building at its own expense,” said chairman of CBA Elman Rustamov in his speech at online press conference on the parameters of the interest rate corridor, APA-Economics reports.

According to him, Central Bank has transferred AZN 7,8 bln. to the state budget over the past 3 years  and it is planned to be transferred AZN 256 mln. in 2021.

Note that CBA will direct 218 mln. euro to the construction of the new administrative building. The building will be constructed by Turkey’s Tekfen Holding.