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Financial statements - Auditor's report

TO THE ATTENTION OF MEDIA!!!

Bank Melli Iran Baku branch details the losses for 2016, which were formed from the expenditures of the trust fund established in accordance with the existing Rules of the Chamber of Control over Financial Markets of the Republic of Azerbaijan (ARMBNP) for claims against banks whose licenses have been revoked. As these requirements are provided with relevant guarantees, work is underway with the relevant departments to return them. The damage is expected to be covered as a result of the sale of collateral.

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