Bank Of Baku

Bank Respublika opens next branch

Bank Respublika opens next branch
# 06 April 2009 10:28 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Bank Respublika has opened a branch in Jalilabad, bringing the number of its branches and offices to 32.
The bank said the new branch is located at 161B, Heydar Aliyev Avenue, Jalilabad.
The branch will provide a full range of the bank’s services to local customers.
As of January 1, the bank’s assets stood at AZN 387.875 million, loan portfolio at AZN 260.367 million, deposit portfolio at AZN 135.816 million, total capital at AZN 43.299 million and authorized capital at AZN 22.6 million.
Bank Respublika has been in operation since 1992. DEG Investment Corporation and Sparkassen International Development Trust hold a 25%+1 joint stake.
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