Bank Of Baku

Bank of Baku to present special concessions to long-term clients

Bank of Baku to present special concessions to long-term clients
# 04 May 2012 14:00 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Bank of Baku starts to present different privileged cards to the long-term clients.
Bank says these cards concern the clients having period of cooperation with Bank of Baku covering 12 months and more, as well having positive credit history. At the same time, new clients will be able to get these cards after 12 months.

The clients acquire several advantages and concessions via these cards. So, the clients having positive history and cooperating with bank for 12-32 months will get Silver Card, for 36-59 months – Gold Card, for more than 60 months – Brilliant card. One of main conditions of the program is that, the bonus from per credit payment for the card owners will be spent to payment of commission fee and commission fee of several bank products in the future. So, that client will pay less commission fee when he/she benefits from bank product and service again.

The amount of the collected bonus is: ‘For owner of Silver Card - 0.5% of each payment; Gold Card owner – 1%; Diamond Card owner – 2%. Card holders can take a credit up to AZN 5,000 without any certificate, by favorable interest rates. Besides, cardholder will have express credit line in amount of AZN 150 for emergency situation.

Deputy board chairman of the bank Abbas Ibrahimov says via this program the bank creates virtual ‘Friends club’ consisting of loyal customers: ‘The bonuses, collected for our customers to be represented at the club, will help the payment of commission during allocation of new credit. This program will be the first in banking practice of Azerbaijan’.
Note that, the cards will be presented from May 5, at Customer Service Department of the Bank’s headquart
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THE OPERATION IS BEING PERFORMED