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United Credit Bank to open exchange bureaus

United Credit Bank to open exchange bureaus

16 December 2009 13:50 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-ECONOMICS. Azerbaijan-based United Credit Bank will open 12 exchange bureaus in Baku by the end of 2009, said Vahid Aliyev, deputy chairman of the bank. .

â€œWe plan to open 25 to 30 exchange bureaus. Because of the documentation issues, we will be able to launch 10-12 bureaus by the yearend. We are preparing paperwork now,â€ he added.

Owned by 1 legal entity and 2 individuals, United Credit Bank hs been in operation since 1996. It operates 5 branches, 5 ATMs and 7 POS terminals across the country.

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