Bank Of Baku

Muganbank launches new branch

Muganbank launches new branch
# 26 April 2010 07:55 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Muganbank has launched new branch in Bilasuvar city, Nizami street 57.

Bank says that, the branch operates current and deposit accounts, money transfer, Visa and MasterCard and all banking services.

Owned by 4 individual persons Muganbank has been in operation since 1992. The bank’s assets made AZN 154.606 mln, deposit portfolio – AZN 55.608 mln, loan portfolio-108.060 mln, total capital – AZN 22.203 mln and authorized capital – AZN 19mln.
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