|Bid||0.000 x 200000|
|Ask||0.000 x 110000|
|Day's Range||9.126 - 9.520|
|52 Week Range||5.157 - 9.799|
|PE Ratio (TTM)||35.54|
|Earnings Date||Aug 2, 2017|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||8.78|
International Bank of Azerbaijan, the energy exporting country's biggest lender, said on Wednesday a London court had supported its request to prevent creditors pursuing legal action in the United Kingdom, giving it time to restructure $3.3 billion in debt. The state-controlled bank said last month it was suspending payments on some liabilities and seeking creditors' support to restructure more than $3 billion of debt, mostly owed to foreign creditors, to tackle bad loans left over from an oil price slump. IBA presented a restructuring plan to its creditors on May 23 in London and infuriated them by saying they could swap its debt for sovereign bonds but some would suffer losses and have to wait longer to be repaid.
Commerzbank AG has sent out early-retirement offers to about 3,000 employees, a first key step in the German lender’s plans to cut 9,600 jobs over four years, two people with knowledge of the matter said....
Q1 2017 Commerzbank AG Earnings Call