Bank Of Baku

AGBank expands branch network

AGBank expands branch network
# 07 May 2009 14:14 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AGBank plans to open two branches in Baku and Guba and an office in Goychay in 2009, said Azer Movsumov, Chairman of the Bank.

He added that the bank operated 16 branches at present.

AGBank has been in operation since 1992. As of April 1, assets stood at AZN 204.767 million, deposit portfolio at AZN 105.042 million, loan portfolio at AZN 155.144 million, total capital at AZN 31.386 million and authorized capital stock at AZN 15 million.
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