National Bank of Azerbaijan awards audit contract

The National Bank of Azerbaijan has declared Deloitte & Touche the winner in a tender to appoint an auditor for the bank for 2003.

The bank's chairman, Elman Rustamov, told journalists on Friday that a contract will be signed with the company after the president of Azerbaijan confirms the results of the tender.

Other participants in the tender included PricewaterhouseCoopers and Ernst & Young. PricewaterhouseCoopers offered the lowest terms, but the National Bank said that as this company did i

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