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AccessBank launches a branch in Baku

AccessBank launches a branch in Baku

05 October 2009 10:20 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. AccessBank has launched a new branch in Baku, bringing the number of its branches to 23.

The new branch is located in natavan Busines center at 3, Tbilisi Avenue.

The branch will offer the bankâ€™s full range of services to customers, said the bank.

Microfinance Bank of Azerbaijan changed its name to Access Bank after approval by the National Bank of Azerbaijan in September, 2008.

The new name derives from the name of one of the shareholders â€“ Access Holding which owns a 16.53% stake.
Besides, the bankâ€™s shareholders are EBRD (20%), IFC (20%), BSTDB (20%), KfW (20%) and LFS Financial Systems GmbH. (2.47%).
The bank has been in operation since 2002.

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