Chairman of Mughan Bank appointed

Chairman of Mughan Bank appointed
# 06 October 2008 10:43 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Elmir Hasanov, former officer of Yenimotors (the distributor of Honda), has been appointed as chairman of the Management Board of Azerbaijan-based Mughan Bank.
Prior to this, Shaig Alekbarov headed the bank’s board. He will not head the bank’s supervisory board.
As of July 1, the bank’s assets stood at AZN 99.484 million, loan portfolio at AZN 65.636 million, deposit portfolio at AZN 30.217 million, total capital at AZN 14.878 million and authorized capital at AZN 11 million.
Mughan Bank has been in operation since 1992.
#
#

THE OPERATION IS BEING PERFORMED