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Amrahbank joins one more money transfer service

24 September 2009 13:12 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Amrahbank has made available money transfer service through ExpressMoney.

Emil Mammadov, chairman of the Board, said the new service will be available in all branches from October.

The bank also offers money transfers through Western Union, Bistraya Pochta, Migom and Caspian Money Transfer

Amrahbank is one of the oldest (est. 1993) and leading commercial banks of Azerbaijan. It offers a wide range of retail and corporate banking products such as deposits, loans, money transfers, documentary transactions and investment advisory services. The Bank is a member of various professional organisations such as the Deposit Insurance Fund, Mortgage Fund, National Entrepreneurship Fund and Azerbaijan Banks Association. The strategic partnership with the International Investment Bank based in Bahrain (through a 49% shareholding), has played a key role in further developing many areas of Amrahbank including corporate governance, international cooperation and product and services quality.