Baku, Azerbaijan, Feb. 3
Trend:
Giving priority to quality and professionalism in the performance since its launch, Amrahbank offers more profitable deposits to its valuable customers, the message of the bank said Feb. 3.
Saving money at Amrahbank has already become more profitable and simple, according to the message.
The bank creates more favourable opportunity to the customers who would like to hold their deposits in foreign currency. The customers can visit any branch of the bank and place their savings in foreign currency by converting their funds in manats. In this case, converting manats into foreign currency will be adjusted to the Central Bank's official currency rate.
Amrahbank offers the following deposit products to individuals:
-GUVEN deposit is considered for customers who put their savings for one year or a longer period of time;
-FLEX deposit offers more opportunities to customers from the perspective of using money in addition to favourable interest rates;
-DAXIL deposit gives opportunity to customers for adding funds to main deposit amount;
-LIDER deposit offers annual profit up to 15 percent depending on time and interest rate of your choice.
Furthermore, Amrahbank invites legal entities to take advantages of various deposit products.
Amrahbank, established in 1993 is the only bank in Azerbaijan with an investment from the Arabian Gulf region. International Investment Bank based in Bahrain has 49 percent shareholding at Amrahbank since 2008.
The bank has developed in terms of deposit portfolio, assets and capital requirements in recent years. The deposit portfolio amounted to 155 million manats increasing by 45 percent, while assets amounted to 304.1 million manats increasing by 46.81 percent in comparison with 2014.
The total equity of the bank is 57.82 million mantas. The number of active customers of the Bank is more than 130,000 according to current indicators.
Amrahbank is a member of Azerbaijan Deposit Insurance Fund. Thus, it provides people's savings with insurance according to the terms of Law on Deposit Insurance.