Bank Of Baku

United Credit Bank to further improve financial performance in 2009

United Credit Bank to further improve financial performance in 2009
# 23 June 2009 16:50 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. United Credit Bank is expecting to increase its assets by 20.3% to AZN 40 million this year, said Azad Isgandarov, Chairman of the Bank.

According to him, the bank will increase loan book by 22.7% to AZN 30 million and deposits portfolio by 66.6% to AZN 15 million.

Owned by a legal entity and two individuals, United Credit Bank has been in operation since 1996. The bank operates 5 branches, 5 ATMs and 7 POS terminals.
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