Bank Of Baku

Azerigazbank to establish two branches in September

Azerigazbank to establish two branches in September
# 27 August 2007 12:51 (UTC +04:00)
In early September, Azerigazbank plans to open a branch at Inshaatchilar Avenue, Baku. The bank also intends to establish a branch in Yevlakh.
The National Bank of Azerbaijan has granted license for Inshaatchilar branch. Construction works have been completed in the both branches.
Azerigazbank has 14 branches throughout the country at present.
As of August 1, assets stood at AZN 123.12 million, loan portfolio at AZN 82,404,590, deposit portfolio at AZN 79,649,280, aggregate capital at AZN 14,697,000 and authorized capital at AZN 10 million.
/APA-Economics/
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