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Azerbaijan's biggest bank enters Uzbek market with Davr Bank acquisition

Azerbaijan's largest financial institution, the International Bank of Azerbaijan, is expanding its corporate banking operations by acquiring a 51% controlling stake in Uzbekistan's Davr Bank in a deal valued at €86 million.

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Azerbaijan's biggest bank enters Uzbek market with Davr Bank acquisition
Source: Euronews
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Azerbaijan's largest financial institution, the International Bank of Azerbaijan, is expanding its corporate banking operations by acquiring a 51% controlling stake in Uzbekistan's Davr Bank in a deal valued at €86 million.

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Originally published at

Euronews

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