Azerbaijan protests at Russian National Bank activity in Karabakh

ANS Radio, Baku
29 Nov 04

Azerbaijan’s National Bank has sent a protest letter to the president
of the Russian National Bank [Vladimir Stepanov].

Azerbaijan officially protested that Russian banks are setting up
branches in the Armenian occupied territories of Azerbaijan and they
are transferring money to those branches.

[Passage omitted: background information]

If we are to trust the president of the Russian National Bank, he
himself [Stepanov] and the appropriate bodies have to make sure that
Russian banks do not cooperate with Nagornyy Karabakh’s separatist
government.