Amrahbank establishes another sale branch in Baku
Azerbaijan, Baku, April 27 / Trend /
Amrahbank's new sale Operational branch was established in April. The branch is situated on the first floor of Caspian Plaza business center at J. Jabbarli 44 street, the bank said on April 27.
Operation branch was established to determine responsibilities of head office and branch rendering services to clients, as well as qualitative bank services to all clients of Amrahbank.
The bank's head office will support and ensure activity of business upon new strategy of Amrahbank.
Operational branch will render services both physical and legal entities. But special attention will be paid to service of corporative clients.
The branch will render services meeting their needs and activity, including establishment of loan lines, issue of wage cards, granting of loans to employees, project and trade financing, documentary operations, investment consulting, etc.
Cash machine was placed in the branch operating the whole day.
Amrahbank is one of leading commercial banks of Azerbaijan. It was established in 1993, the message said. The bank is leader among local banks on the number of branches (23) and level of profitability (as of December 31, 2008 net profit of Amrahbank hits 3.4 million manat).
Strategic partnership was established after purchase of 49 percent of Amrahbank's stocks by the International Investment Bank situated in Bahrain. This partnership played important role in positive changes in a variety of the bank's activity, including corporative governance, international cooperation, line and quality of products and services.
On April 27, the official exchange rate is 0.8034 manat to $1.
Do you have any feedback? Contact our journalist at [email protected]