Bank Of Baku

UniBank to open a new regional branch

UniBank to open a new regional branch
# 21 December 2009 11:35 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-ECONOMICS. Azerbaijan-based UniBank plans to open a new regional branch in Lenkaran in January 2010, said Faig Huseynov, chairman of UniBank.

According to him, paperwork is being prepared and will soon be submitted to the central bank.

With this, the bank will bring the number of its branches to 25, including 8 branches in regions.

Owned by EBRD (15.15%), DEG Investment Corporation (8.33%), legal entities (0.9%) and individuals (75.62%), UniBank has been in operation since 1992. It operates 24 branches, 62 ATMs and 228 POS terminals across the country.
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