Bank Of Baku

Azerbaijan plans to establish a new bank

Azerbaijan plans to establish a new bank
# 16 March 2010 12:31 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The issue of licensing of the universal bank to Agricredit by Azerbaijan Central Bank is being discussed in Finance Ministry and State Committee on Property Issues, Mammad Musayev, Chairman of Board of Directors

At present, there are 46 banks in Azerbaijan and volume of total bank assets is AZN 11.587 bln.

Agricredit has operated since 2001 and has 12 branches, 4 representations.
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THE OPERATION IS BEING PERFORMED