Bank Of Baku

Bank of Baku reduces interest rates on loans

Bank of Baku reduces interest rates on loans
# 08 February 2012 11:09 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Bank of Baku announced discount in interest rate of money loans on the occasion of 18th anniversary.

Bank says the campaign will last until February 29. The clients will get 2%-discount in annual interest rates of money loans. Besides, each 18th clients’ discounts will be doubled to 4% on February 14 – birthday of bank.

Loan’s maximum sum is AZN 5,000. Preferential loan makes AZN 4,000 and term is 24 months. Monthly payable sum is AZN 224 for new clients, for repeat customer – AZN 216.

Note that, Bank of Baku has been in operation since 1994.
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