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Mugan Bank raises household deposits to AZN 60 million

Mugan Bank raises household deposits to AZN 60 million

15 December 2009 16:26 (UTC +04:00)

Baku. Elnur Huseynguluyev - APA-ECONOMICS. Azerbaijan-based Mugan Bank acehived a surge in its household deposits to AZN 60 million, said Shaig Abdullayev, member of the Bankâ€™s Supervisory Board.

According to him, there are plans to introduce new banking products, including loans and deposits in 2010. These projects will be implemented not only in 2010, but in subsequent years, he added.

Mugan Bank was established in 1992.

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