Azerbaijan to auction property of DemirBank

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Azer News

By Trend The immovable property of Azerbaijan’s DemirBank CJSC, which isbeing liquidated, will be put up for auction at the Center forOrganization of Auctions in Baku on November 2, Trend reports via the Azerbaijan DepositInsurance Fund. A non-residential premise with an area of 2,389 square meters inShaki city (6A Sabit Rahman street) will be put up for auction. The starting price is 1.1 million manat ($882,352). Five percent of the sale price must be paid to the organizer ofthe auction. The purchase price must be paid by the buyer withinseven calendar days. Those wishing to participate in th…

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