Gunay Bank to join Western Union

Gunay Bank to join Western Union
# 04 October 2007 15:38 (UTC +04:00)
Azerbaijan’s Gunay Bank intends to join Western Union international money transfer system by the end of this year.
The bank plans to start negotiations on the membership in a few days.
At present Gunay Bank uses Swift, Migom and AZIPS international money transfer systems.
The bank has only local cards.
As of September 1, the assets stood at 21.341 million, credit portfolio at AZN 20.611, deposit portfolio at 8.681 million, aggregate capital at AZN 10.417 million and authorized capital at AZN 10 million.
Gunay Bank was established in 1992 by 10 individuals. /APA-Economics/

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