Bank Of Baku

Mughan Bank moves to anew office

Mughan Bank moves to anew office
# 23 February 2009 14:33 (UTC +04:00)
Baku. Elnur Huseynguluyev - APA-Economics. Azerbaijan-based Mughan Bank operate from a new office next week.
The bank said its new location is 21B, Ahmad Rajabli Street. At present the bank is located in 4, 28 May Street.
As of January 1, Mughan Bank’s assets stood at AZN 100.747 million, loan portfolio at AZN 66.40million, deposit portfolio at AZN 39.986 million, total capital at AZN 14.871 million and authorized capital at AZN 12 million.
Mughan Bank has been in operation since 1992. The bank operates 25 branches, 26 ATMs and 62 POS-terminals.
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