Bank Of Baku

Amrahbank opens next branch in Baku

Amrahbank opens next branch in Baku
# 10 March 2009 14:33 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Amrahbank has opened 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 is located in Ziver Ahmadbayov Street (near Caspian Plaza Business Center).
The new branch will provide all banking services to customers.
As of January 1, Amrahbank’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.
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