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Russian and Abkhaz banks executed a cooperation agreement

2011-01-19 18:50

12481.jpegCentral Bank of Russia and National Bank of Abkhazia have executed a cooperation agreement, - this information is available at the CBR website.

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The agreement concerns banking supervision and implies bank licensing, control over the property structure, current activities supervision and joint struggle against the criminal income legalization, - Apsnypress reports.

According to the data as of 1 October 2010, 15 banks functioned in Abkhazia; 7 of them were underperforming.

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