Covering the full range of banking services, new tariffs are more competitive and more focused on customer satisfaction, said the bank.
Yusif Jabbarov, deputy chairman of the Ban, says one of the main features is ts systematical character and individual approach to customers.
“Depending on their cooperation with the Bank and their annual turnover for the current account, corporate clients are divided into 4 categories - A, B, C and D to offer more favorable rates for them,†he notes.
Categories:
Annual turnover | Cooperation | |
Up to 5 | Over 5 | |
Over AZN 10 000 000 | A | A |
AZN 1 000 001 – AZN 10 000 000 | B | A |
AZN 100 001 – AZN 1 000 000 | C | B |
Up to AZN 100 000 | D | C |
Tariffs on certain banking services for corporate customers also depend on the location of regional branches.
“The new tariffs are more beneficial and have a number of competitive advantages that allow the bank to consolidate its position in the market for both individual and corporate clients, and expand its customer base,†says Yusif Jabbarov.
Prices on existing contracts between the bank and its clients remain unchanged under the terms of the signed contracts.
The bank operates 32 branches and sub-branches across the country.
Azerdemiryolbank has been in operation since 1989. The European Bank for Reconstruction and Development (EBRD) holds a 25%+1 stake in the bank, leaving 10% to the Netherlands Development Finance Company (FMO), 10% to legal entities and the rest to about 850 individuals.
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