Property of closed banks to be put up for auction

16:07 - 6.01.2026


January 6, Fineko/abc.az. On January 7, auctions for the sale of real estate and movable property of NBC Bank, Günay Bank, Qafqaz Inkişaf Bankı and AtaBank, which are in the process of liquidation, will be held at Baku Auction Center LLC.

ABC.AZ reports with reference to the liquidator of the banks, the Azerbaijan Deposit Insurance Fund, that the following facilities will be put up for auction: an apartment building in Melkham village of Shemakha district, owned by NBC Bank, with an area of 464.20 sq m and worth 200,000 manats; automobile CHERY TIGGO 2, owned by Günay Bank, worth 13,000 manats; non-residential premises at 147A Ajemi Nakhchivan St., Binagadi district, Baku, owned by Qafqaz Inkişaf Bankı, with an area of 1 182.9 sq m and worth 2.5 million manats; as well as non-residential premises on Heydar Aliyev Avenue in Mingachevir, owned by Atabank, with an area of 309.88 sq m and worth 450,000 manats.