Bank Of Baku

Atrabank joins Contact money transfer system

Atrabank joins Contact money transfer system
# 14 November 2008 10:52 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Atrabank has made available money transfer service through Contact, said Elmikhan Nabiyev, Chairman of the Bank.
“Our bank has implemented necessary software for this system. We also have plans to join Migom. This will be available in February-March next year,” he added.
At present the bank uses Western Union and Caspian Money Transfer too.
As at October 1, Atrabank’s assets stood at AZN 34.093, loan portfolio at AZN 25.612 million, deposit portfolio at AZN 4.191, total capital at AZN 11.474 million and authorized capital at AZN 10.425 million.
At present the bank operates 11 branches, 1 bureau de change, 11 ATMs and 40 POS terminals across the country.
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