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BANK STANDARD TO OPEN ITS RENEWED CENTRAL OFFICE BUILDING

Business Materials 23 August 2005 13:22 (UTC +04:00)

Bank Standard, the biggest private bank in Azerbaijan, will open on Tuesday its central office in HUsi Hajiyev St after the recent refurbishment, Trend reports.

In 1995 the office of the bank (the then Azerbaijani-Russian bank Most-bank Azerbaycan) was opened with participation of former late President Heydar Aliyev.

At present Bank Standard, a member of AB Standard group, is a leading bank of the country with 480,82bn manats asserts and aggregate capital of 82,72bn manats (calculated as of 1 July 2005). Return on equity incomes of Bank Standard make up 36.17%.

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