Parabank to launch next provincial branch

Parabank to launch next provincial branch
# 20 May 2009 08:39 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaiajn-based Parabank plans to open a branch in Berde in a few days.

The new branch will provide the full range of the bank’s services to local customers, said Parabank.

Owned by 23 individuals, Parabank has been in operation since 1991. As of April 1, assets stood at AZN 72.21 million, loan portfolio at AZN 45.6 million and total equity capital at AZN 11.42 million.

The bank operates 15 branches, 9 ATMs and 138 POS terminals across the country.
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THE OPERATION IS BEING PERFORMED