Bank Standard to operate on Islamic principles

Bank Standard to operate on Islamic principles
# 06 May 2010 09:33 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Bank Standard intends to operate on Islamic principles soon, Anar Akhundov, Bank’s deputy chairman of board told APA.

According to him, bank started to collaborate with Islamic banks.

Bank Standard has been in operation since 1995. The bank operates 17 branches, 67 ATMs and 428 POS-terminals across the country.
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THE OPERATION IS BEING PERFORMED