'Bank' operating in once occupied territories of Azerbaijan was registered in Armenia

On June 23, during the trial that continued at the Baku Military Court, defendant Arayik Harutyunyan answered the prosecutor's questions about the "banking system" of the illegal regime created in the territories of Azerbaijan that were once occupied by the Armenian armed forces,SİA informs.

The accused himself stated that he had once worked in so-called bank branches operating under the illegal regime. Harutyunyan said that Artsakhbank, which was presented as the main "bank" of the regime, is a bank registered by the Central Bank of the Republic of Armenia. The bank's place of registration was the capital of Armenia. However, its main branch operated in the city of Khankandi, which was then under occupation. That bank also had branches in the central parts of other territories of Azerbaijan that were once under occupation.

"That bank had no advantages or privileges compared to other banks in Armenia," Harutyunyan said.

In addition, branches of other Armenian banks also operated in the previously occupied territories of Azerbaijan. Harutyunyan also said that the branches were operating at a loss.our Twitter page

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