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Authorities plan modernizing CEC Bank, turning it into major competitor on financial-banking market

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plans to modernize CEC Bank, harnessing its potential to become a major competitor on the financial-banking market, told the "" on Thursday.

"Regarding the state-owned financial assets, we are indeed mulling a strategy for the next period that includes them all. You know very well that Eximbank's merger with was carried out before we took on rule. But if it could not be reversed, at least I want this merger to be a successful operation. We also want to modernize CEC Bank. It can obviously become a major

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