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ONE MORE BRANCH OF BANK STANDARD TO BE OPENED IN BAKU

Business Materials 20 September 2005 20:43 (UTC +04:00)

One more branch of the Bank Standard, the largest private bank of the country, was opened in Husseyn Aliyev Str. 15 on Wednesday, Trend
reports.

The new branch will service to corporative and private clients 6 days in a week. This branch comes as 8th throughout the country and 5th in Baku.

The decision on opening of the new branch was consequence of the successful function of the branch network. Thus, in the first half-year of 2005 clear profit of the branches grew by 36% as compared 2004 and comprised 2.45bn manats.

The Standard Bank, functioning in Baku Ganja, Lankaran and Siyazan, plans to open branches in other regions of the country as well.

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