December 21, 2018 / 9:22 AM / in 4 months

International Bank of Azerbaijan to appeal UK court ruling

BAKU, Dec 21 (Reuters) - International Bank of Azerbaijan (IBA) said on Friday it would appeal a British court decision backing Russian largest lender Sberbank and asset manager Franklin Templeton relating to IBA’s debt restructuring.

IBA says it would lodge an appeal to the UK Supreme Court. (Reporting by Nailia Bagirova; writing by Vladimir Soldatkin; editing by David Evans)

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