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Azerdemiryolbank offers special cards to woman depositors

26 February 2009 16:02 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. On the occasion of the International Womenâ€™s Day, Azerbaijan-based Azerdemiryolbank offers specially designed cards free for women who open a deposit account from March 2-10.
The new customers will also get up to 15% off at several trade outlets in Baku as holders of â€œDiscount around the Yearâ€ cards, said the bank.
The bank offers four deposit products â€“ Yellow, Red, Blue and Green. The highest interest rate is 18.75%.
As of January 1, Azerdemiryolbankâ€™s assets stood at AZN 224.698 million, loan portfolio at AZN 168.592 million, deposit portfolio at AZN 49.497 million, total capital at AZN 37.398 million and authorized capital at AZN 13.4 million.
Azerdemiryolbank has been in operation since 1989. The European Bank for Reconstruction and Development (EBRD) holds a 25%+1 stake in the bank, leaving 10% to the Netherlands Development Finance Company (FMO), 10% to legal entities and the rest to about 850 individuals.