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Bank of Azerbaijan will move to a new office

Bank of Azerbaijan will move to a new office

04 March 2009 08:02 (UTC +04:00)

Baku. Elnur Huseynguluyev â€“ APA-Economics. Bank of Azerbaijan is moving to a new office in late March, said Khayal Sherifzade, Chairman of the Bank.
According to him, the bank has leased an office in Block 657, Sarabski Street. The head office and a branch will be housed in the building.
At present the bank is located at 3, Semed Vurgun Street.
As of January 1, the bankâ€™s assets stood at AZN 108.756 million, loan portfolio at AZN 88.431 million, deposit portfolio at AZN 42.490 million, total capital at AZN 19.914 million and authorized capital at AZN 14.635 million.
Owned by NEM Holding and two individuals, Bank of Azerbaijan has been in operation since 1993. The bank operates 18 branches, 32 bureaux de change, 19 ATMs and 128 POS-terminals.

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