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Azerbaijan’s Kapital Bank joins American Bankers Association

Business Materials 1 March 2017 14:37 (UTC +04:00)
Azerbaijan’s Kapital Bank has been elected a member of the American Bankers Association (ABA)
Azerbaijan’s Kapital Bank joins American Bankers Association

Baku, Azerbaijan, Mar. 1

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Azerbaijan’s Kapital Bank has been elected a member of the American Bankers Association (ABA), the bank’s website said Mar. 1.

On this occasion, Farid Huseynov, first deputy chairman of Kapital Bank, met with Tod Burwell, president and chief executive officer of the BAFT, an international financial services association which is a subsidiary of the ABA.

During the meeting, the sides discussed a number of important issues in the banking sector.

“Cooperation of Kapital Bank with an international organization of such level will make it possible to mutually exchange experience and knowledge with the association members,” Huseynov said in the meeting.

In particular, he said, the US experience in bank compliance is very important for Kapital Bank.

“We hope Kapital Bank, as an ABA member, will be able to successfully use the foreign colleagues’ experience in its financial activity.”

Kapital Bank is one of Azerbaijan’s biggest banks. The bank renders services in 90 branches and four offices throughout the country. It has the most extensive service network.

Kapital Bank successfully cooperates with many local and international organizations in various fields. The bank intends to expand cooperation with international financial institutions in various fields in the future.

Detailed information about the bank's products and services can be found on its website www.kapitalbank.az, as well as by calling the Customer Service Center: 196.

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