Bank Of Baku

Parabank opens a branch in Baku

Parabank opens a branch in Baku
# 15 September 2008 15:59 (UTC +04:00)
Baku. Elnur Huseynguliyev – APA-Economics. Azerbaijan-based Parabank has opened a branch in Baku, bringing the number of its branches to 10.
The new branch is located at 3A, Heydar Aliyev Av.
This branch offers all kinds of banking services to customers.
Mazahir Mammadov, deputy Chairman of the Bank, said it is planed to open two branches in Baku and 3 in regions (Guba, Shemkir and Gandja-2).
As at July 1, the bank’s assets stood at AZN 56.5 million.
Owned by 23 individuals, parabank has been in operation since 1991.
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THE OPERATION IS BEING PERFORMED