Bank Of Baku

Bank Respublika adds plastic cards to 40 000

Bank Respublika adds plastic cards to 40 000
# 19 August 2008 15:23 (UTC +04:00)
Baku Elnur Huseynguluyev – APA-Economics. Azerbaijan’s Bank Respublika has marked the issue of the 40 000th card. The lucky customer was granted an honorary certificate and gift.
Bank Respublika offers MasterCard and VISA cards free of charge and without annual maintenance fee.
The card allows a customer to receive an interest-free loan from AZN/USD/EUR 200 to 5000 for 45 days.
As of July 1, Bank Respublika’s assets stood at AZN 330.7 million, loan portfolio at AZN 221.6 million, deposit portfolio at AZN 138.6 million, total capital at AZN 34.1 million and authorized capital stood at AZN 12.6 million.
Bank Respublika has been in operation since 1992. DEG Investment Corporation and Sparkassen International Development Trust hold a 25%+1 joint stake.
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