Bank Of Baku

AGBank’s broker license expired

AGBank’s broker license expired
# 11 March 2009 10:13 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s State Committee for Securities has announced that AGBank’s license for brokerage business has expired.
As of January 1, Azerbaijan-based AGBank’s assets stood at AZN 211.216 million, loan portfolio at AZN 154.580 million, deposit portfolio at AZN 130.437 million, total capital at AZN 29.962 million and authorized capital at AZN 15 million.
AGBank has been in operation since 1992. The bank operates 16 branches, 53 ATMs and 376 POS-Terminals across the country.
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