6th Azerbaijani Bank to Apply ISO 9001:2000 Standards
Azerbaijan, Baku / corr Trend I.Khalilova / The consulting company Zygon Caspian Consulting (ZCC) has concluded a contract with the third Azerbaijani bank, Amrahbank, on the application of the quality management standards ISO 9001:2000.
Natig Agazade, the ZCC Director General, reported that specialists of the company will launch consultative services at the bank from the 2 May and they will be provided over 7-8 months.
So far, five banks - TexnikaBank, Bank Respublika, Uni Bank, Bank of Azerbaijan and AtaBank - have applied these standards. ZCC provided technical services to TexnikaBank and Bank of Azerbaijan.
The application of these standards promoted and intensified the attraction of credit line from the Black Sea for Trade and Development (BSTD) for TexnikaBank last year, he added.
As to the biggest bank of the country - the International Bank of Azerbaijan (IBA) - they have commenced the application of ISO standards at its daughter companies. With the assistance of ZCC the International Insurance Company has been issued an ISO 9001:2000 certificate.