Bank Eurasia to have the first international audit in April

The FINANCIAL — According to APA-Economics, Azerbaijan-based Eurasia Bank plans to have an international audit in April.

Arif Ismayilov, deputy chair of the board, said the bank’s financial performance in the first quarter of 2008 will be audited in April.

“A tender has been announced for international audit,” he added.

As of January 1, the bank’s assets stood at AZN 25.483 million, loan portfolio at AZN 171,500, deposit portfolio at AZN 5.486 million, aggregate capital at AZN 19.993 million and authorized capital at AZN 20 million.

Bank Eurasia was granted a license on November 25, 2007.