Bank Of Baku

YapiKredi Bank Azerbaijan opens one more branch

YapiKredi Bank Azerbaijan opens one more branch
# 23 September 2008 15:44 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. YapiKredi Bank Azerbaijan has today held a opening ceremony for its branch in Gandja, to bring the number of its branches to 3.
Coskun Bulak, Chairman of the Bank, also attended the opening ceremony together with directors of local branches of other banks.
YapiKredi Bank Azerbaijan, owned by Turkey’s YapiKredi Bank (80%) and International Finance Corporation (IFC) (20%), has been in operation since 2000.
As at July 1, its assets stood at AZN 82.973 million, loan portfolio at AZN 23.618 million, deposit portfolio at AZN 54.743 million, total capital at AZN 15.359 million and authorized share capital at AZN 6.349 million.
The bank operates 3 branches, 12 ATMs and 38 POS terminals.
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THE OPERATION IS BEING PERFORMED