Bank Of Baku

Bank of Azerbaijan moves to a new office

Bank of Azerbaijan moves to a new office
# 30 March 2009 14:05 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Bank of Azerbaijan has moved to a new office.
The bank said it leased the office at 27, Sarabski Street in Baku.
The head office and a branch will be housed in the building.
Prior to this, the bank was located at 3, Semed Vurgun Street.
As of January 1, the bank’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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