Bank Of Baku

AccessBank sees rise in deposit portfolio

AccessBank sees rise in deposit portfolio
# 13 April 2010 14:19 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based AccessBank posted its deposit portfolio at $100 mln.

The bank’s deposit portfolio increased by 3.1 times to $82 million,in 2009 and as 2010 increased by 25% to $ 104 million.

Estabished in 2002 as Azerbaijan Microfinance Bank, AccessBank changed its brent in 2008. the bank’s shareholders include the European Bank for Reconstruction and Development (20%), International Finance Corporation (20%), Black Sea Trade & Development Bank (20%), KfW Bank of Germany (20%), AccessHolding (16.5$) and LFS Financial Systems GmbH company (3.5%).
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