Bank Of Baku

A new bank will soon launch operation in Azerbaijan

A new bank will soon launch operation in Azerbaijan
# 13 February 2009 10:48 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. AzFinance Bank will launch its operation next week, bringing the number of commercial banks to 46 in Azerbaijan said Khayal Mammadkhanli, Chairman of the Supervisory Board of the Bank.
According to him, the bank’s legal address is 112, Ismayil Gutgashinli Str., Yasamal, Baku.
The National Bank of Azerbaijan passed a decision in late 2008 to grant a license to the bank for banking services. The authorized capital of the bank is AZN 10 million.
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THE OPERATION IS BEING PERFORMED