Bank Of Baku

Bank VTB (Azerbaijan) launches a branch in Baku

Bank VTB (Azerbaijan) launches a branch in Baku
# 05 October 2011 09:04 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. Bank VTB (Azerbaijan) has launched Ajami branch in Baku city. The branch has been specialized in work with retail customers. It is the first branch of the Bank in Azerbaijan.

Ajami branch will render services on cash services, small business loans, car loans, consumer loans, currency exchange transactions, making deposits and etc.

Note that, 51% shares of Bank VTB (Azerbaijan) belongs to Russia, 49% - AtaHolding.

As of July 1, 2011, bank assets made AZN 59.3 mln, loan portfolio – AZN 39 mln, deposit portfolio – AZN 11.2 mln, total capital – AZN 18.1 mln, authorized capital – AZN 23.8 mln.
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