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Personnel changes at Azerbaijan’s AtaBank

Business Materials 4 October 2016 11:39 (UTC +04:00)
Nasimi Karimov has been appointed the director of the Household Department at Azerbaijan’s AtaBank OJSC.
Personnel changes at Azerbaijan’s AtaBank

Baku, Azerbaijan, Oct. 4

By Anvar Mammadov – Trend:

Nasimi Karimov has been appointed the director of the Household Department at Azerbaijan’s AtaBank OJSC, according to the information posted on the bank’s website Oct. 4.

Earlier, Karimov served as the director of the Branches Management Department and currently, this position is vacant.

There are 16 departments in AtaBank. Meanwhile, currently, positions of the director of Internal Audit Department and director of the Troubled Assets Management Department are vacant, according to the information.

Functioning since 1993, AtaBank OJSC is one of the biggest commercial organizations of Azerbaijan. Today AtaBank is a hi-tech universal bank. AtaBank OJSC is functioning with 26 branches and divisions in Baku and in the regions of Azerbaijan. AtaBank OJSC is a universal bank rending full complex of services to corporate and private clients.

As of July 1, 2016, the bank’s assets were 486.75 million manats. Loan portfolio of AtaBank totaled 410.23 million manats during the 1H2016, deposits of the population in the bank – 218.66 million manats. AtaBank’s authorized capital amounted to 50 million manats as of July 1, 2016, while the aggregate capital totaled 65.01 million manats.

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