Azerbaijan Senaye Bank greatly reduces tariffs on its services

Azerbaijan, Baku, March 30 / Trend /

Azerbaijan Senaye Bank (ASB) entering Azersun Holding has made considerable discounts on bank services rendered to physical and legal entities.

So, tariffs on cash operations, exchange, money transfer, plastic cards and other services were greatly reduced, АSB marketing department and public communication said.

The reason of the bank's tariffs reduction was increase of services and bank's clients. So, as of January 1, the number of ASB legal clients hit 700 but physical ones - 13,000.

While reducing tariffs for physical and legal entities, ASB made 50 percent discounts on currency transfer within the country, 25 percent ones on currency transfer abroad, 38 percent ones on commission payment for taken national currency cash, 20 percent ones on commission payment for taken foreign currency cash and 13 percent ones on annual interest rate on plastic cards.

Azerbaijan Senaye Bank launched it activity in 1996 году as CIBank and changed its brand late in 2006. Till January 1, 2009 amount of the bank's assets totaled 78.029 million manat, deposit portfolio - 32.560 million, loan portfolio - 36.101 million, total capital - 16.142 million, including authorized capital - 12.8 million manat.