Baku, Azerbaijan, May 14
Trend:
New heads of three branches have been appointed in Azerbaijan’s AFB Bank, Trend reports with reference to the bank.
Taleh Feyzulla has been appointed as head of the Narimanov branch of the bank, Tavakkul Pashanov and Vagif Babayev have been appointed as heads of the Sumgait and Mardakan branches of the bank, respectively.
The newly appointed branch managers earlier worked at AccessBank.
AFB Bank received a banking license in December 2008. Officially, the bank began its work in February 2009.
The bank's shareholders are two individuals (0.36 percent) and Gilan LLC (99.64 percent).
The share capital of the bank at the end of the first quarter of 2019 has reached 70.39 million manats, and the total capital is 85.4 million manats.
(1.7 manats = 1 USD on May 14)