United Credit Bank will set up two branches early next year

Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based United Credit Bankplans to open two branches in Imishli and Baku by the end of March, 2009.
Vahid Aliyev, deputy chairman of the bank, said the construction of a branch building in Imishli was likely to be completed by March 20.
“Before that, we intend to open the branch in Baku at 3137, Sherifzade Street, Yasamal dis. The two branches will make available all banking services to customers,†he added.
As of November 1, United Credit Bank’s assets stood at AZN 32.7 million, deposit portfolio at AZN 8 million, loan portfolio at AZN 22.7 million, total capital at AZN 13.3 million and authorized capital at AZN 12.108 million.
The bank operates 5 branches, 4 ATMs and 4 POS terminals across the country.
Rossiyski Kredit Azerbaijani-Russian bank was established by 1 legal and 2 individual bodies in 1996 and was renamed in 1998 as United Credit Bank.
Vahid Aliyev, deputy chairman of the bank, said the construction of a branch building in Imishli was likely to be completed by March 20.
“Before that, we intend to open the branch in Baku at 3137, Sherifzade Street, Yasamal dis. The two branches will make available all banking services to customers,†he added.
As of November 1, United Credit Bank’s assets stood at AZN 32.7 million, deposit portfolio at AZN 8 million, loan portfolio at AZN 22.7 million, total capital at AZN 13.3 million and authorized capital at AZN 12.108 million.
The bank operates 5 branches, 4 ATMs and 4 POS terminals across the country.
Rossiyski Kredit Azerbaijani-Russian bank was established by 1 legal and 2 individual bodies in 1996 and was renamed in 1998 as United Credit Bank.
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