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Azerbaijani Amrahbank’s profit increases by more than threefold

Business Materials 2 September 2013 15:04 (UTC +04:00)
Amrahbank OJSC completed January-August 2013 with a profit of 4.0 million manat, the bank said today.
Azerbaijani Amrahbank’s profit increases by more than threefold

Azerbaijan, Baku, September 2 / Trend /

Amrahbank OJSC completed January-August 2013 with a profit of 4.0 million manat, the bank said today.

As of January-August 2013, profit of Amrahbank increased by 3.2 times compared with corresponding period of the last year and amounted 4.0 million manat.

Established in 1993 Amrahbank is one of the oldest and leading commercial banks of Azerbaijan. It offers wide range of retail and corporate banking products and services such as opening of current and deposit accounts, plastic cards, clearing operations, consumer and business loans, local and international money transfers, documentary operations, trade finance, etc.

International Investment Bank based in Bahrain, is the strategic shareholder of Amrahbank since 2008.

Currently there are 20 branches and 2 sub-branches of the bank. The Bank's branch network covers the capital and regions of our republic such as Sumgait, Lankaran, Tovuz, Bilasuvar, Barda, Ganja and Masalli.

The official exchange rate is 0,7844 AZN/USD on September 2.

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