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Amrahbank launches its Sahil branch

15 September 2014 09:43 (UTC +04:00)

Baku. Parviz Nuriyev – APA-Economics. An opening ceremony of Amrahbank’s Sahil branch, operating in the 1st housing estate 262 A, Badamdar, was held On September 11, 2014.

Meeting modern demands, the Sahil branch, which operates for improvement of quality of banking services provided to its clients and development of mutual potential cooperation with them, offers all banking services to both individual and corporative customers, including lending, opening of current and deposit accounts, express money transfers, transactions with Visa, Mastercard plastic cards, currency exchange, cash settlements and other services.

The opening ceremony was attended by chairman of supervisory Board Yunis Ildirimzadeh, members of Board of Directors, heads of bank’s heads of the organizational structures, directors of branches and special guests.

Delivering key speech at the ceremony, Yunis Ildirimzadeh welcomed the participants and spoke about Amrahbank’s dynamic development, and latest successes and objectives.

It was noted that Sahil is the 24th branch of Amrahbank.

“Amrahbank has an optimistic view of the future. We believe that positive development tendencies in our country will continue in the future too and sure that Amrahbank’s development also will be permanent”, said the chairman of Supervisory Board.

Speaking about Amrahbank’s successes, Ildirimzadeh noted that bank’s total capital has made AZN 55 mln since February in accordance with audit report prepared by PWC company.

Established in 1993 Amrahbank is one of the oldest and leading commercial banks of Azerbaijan. It offers wide range of retail and corporate banking products and services such as opening of current and deposit accounts, plastic cards, clearing operations, consumer and business loans, local and international money transfers, documentary operations, trade finance, etc.

Currently, 24 branches and 1 sub-branch of the bank are operating. The Bank’s branch network covers the capital and regions of our republic such as Sumgait, Lankaran, Tovuz, Shamkir, Bilasuvar, Barda, Ganja, and Masalli.

International Investment Bank based in Bahrain is the strategic shareholder of Amrahbank since 2008.