Bank Of Baku

Bank of Azerbaijan will move to a new office

Bank of Azerbaijan will move to a new office
# 05 January 2009 15:08 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Bank of Azerbaijan will start operating from a new office from early February, said Khayal Sherifzade, Chairman of the Management Board.
According to him, the office is located on the fourth floor at 657, Sarabski Street. A branch will be housed in the current location of the bank.
As of October 1, Bank of Azerbaijan’s assets stood at AZN 110.384 million, loan portfolio at AZN 90.121 million, deposit portfolio at AZN 42.503 million, total capital at AZN 20.684 million and authorized capital at AZN 14.635 million.
Owned by NEM Holding and two individuals, Bank of Azerbaijan has been in operatin since 1993. The bank operates 18 branches, 35 bureaux de change, 22 ATMs and 122 POS-terminals.
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THE OPERATION IS BEING PERFORMED