Finance

Home page

Finance

Nikoil Bank launches Nikoil-Zengin campaign

19 November 2008 15:07 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Nikoil Bank has launched a lottery campaign called Nikoil-Zengin (Nikoil-Wealthy)
The bank said every customer who opens a deposit account with the bank before December 30 gets a chance to win a Toyota Prado.
The bank offers a deposit interest rate of 16.5% per annum, VISA card as a gift and a credit line of up to 90% of the deposit.
The drawing for Toyota Prado will take place on January 12.
As of October 1, Nikoil Bankâ€™s assets stood at AZN 337.499 million, loan portfolio at AZN 150.752 million, deposit portfolio at AZN 72.344 million, total capital at AZN 29.915 million and authorized capital at AZN 22.5 million.
Nikoil Bank is owned by Russiaâ€™s TOPAZ Investment (53.1%), Nikoil CJSC (28.7%), Uralsib Uralsib Invest (13.9%) and Azerbaijanâ€™s ISR Holding (4.3%). The bank has been in operation since 1997.