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Amrahbank to open a new branch

Amrahbank to open a new branch

17 February 2009 09:19 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Azerbaijan-based Amrahbank will soon open its next branch in Baku, bringing the number of its branches to 23, said Mahmud Aghamaliyev, Chairman of the Board.
According to him, the new branch will be located in Ziver Ahmadbayov Street (near Caspian Plaza Business Center).
The new branch will provide all banking services to customers.
As of January 1, Amrahbankâ€™s assets stood at AZN 62.396 million, loan portfolio at AZN 39.583 million, deposit portfolio at AZN 32.688 million, total capital at AZN 21.775 million and authorized capital at AZN 12.820 million.
Owned by 5 individuals, Amrahbank has been in operation since 1993.
The bank operates 22 branches, 2 bureau de change, 12 ATMs and 34 POS terminals.

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