Kredo Bank to open three branches

Kredo Bank to open three branches
# 09 April 2009 15:34 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Kredo Bank is planning to open three branches in a few days, said Barat Piriyev, Chairman of the Board.
According to him the central bank has granted a license for branches and the branches will be opened as soon as staff recruitment is complete.
The bank will open two branches in Baku and one in Imishli.
At present the bank operates 10 branches across the country.
Owned by 11 local individuals, Kredo Bank has been in operation since 1994.
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