Xalg Bank launches new regional branch

Xalg Bank launches new regional branch
# 24 August 2010 11:35 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Xalg Bank launched new regional branch in 115A, H. Aliyev Street, Shabran.

The branch operates all banking services. Bank operates 12 branches and 2 departments.

Owned by several juridical persons alg Bank has been in operation since 2004. As of July 1, 2010, bank’s assets stood at AZN 480.021 mln, deposit portfolio at AZN 283.993 mln, loan portfolio at AZN 395.857 mln, total capital at AZN 86.160 mln and authorized capital at AZN 72.828 mln.
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