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18
January 2010 / 16:45
Largest Branch Office of the Bank of Azerbaijan is inaugurated |
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The Bank of Azerbaijan continues to pursue its policy to enlarge the branch offices. Its brightest example can be seen in the current opening of the branch of the Bank located at 6, Landau Street, near Elmlar Akademiyasi subway station.
It is important to note that the said branch office is the largest among all branch offices of the Bank of Azerbaijan. The area of this office totals 560 m2 and is envisaged to extend services for more than 10 clients at once.
Mr.Khayal Sharif-zadeh, Chairman of the Board of Directors of the Bank of Azerbaijan has taken part in the opening of this branch office by saying that the inauguration of such a spacious branch office is the logical continuation of the optimization of the branches’ network.
“Starting from 2009, we have started the process of optimization of our branches’ network. This process envisages enlargement of branch offices and opening of new offices of the Bank in Baku and regions. The current branch office has united 4 branches of the Bank of Azerbaijan. We are convinced that the customers of our Bank should benefit from services in the best branch offices which must be large, comfortable and easy-to-use,” – underlined Mr.Khayal Sharif-zadeh in his speech.
According to the Chairman of the Board of Directors of the Bank of Azerbaijan, up to 30 employees will work in this new branch office. A whole range of innovations will be brought to the activities of the branch office. For instance, the e queuing system will be applied in the branch office. Besides that, VIP services and all types of banking services will be offered in the new branch office. VIP customers will be serviced by personal manager in the branch office. In addition, VIP clients will be able to benefit from deposit safes as a priority.
The new branch office is located in a very comfortable place for customers and equipped with modern parking. In general, paying its efforts to make everything for the comfort of the population, the Bank of Azerbaijan intends to continue to open large branch offices new subway stations and crowded places. In nearest future, the Bank is planning to open another large branch office which will be situated new Ganjlik subway station.
It should be noted that the volume of the fixed capital of the Bank of Azerbaijan is AZN15 million, the total volume of bank assets are more than AZN144 million. The Bank brings always the joy to its clients by offering them its unique products and renders a great support to business structures and private persons.
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15
January 2010 / 10:30
2 additional books of Azerbaijani writers were presented with the sponsorship of Bank of Azerbaijan |
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Two additional books were presented in the National Library named after M.F. Akhundov with the sponsorship of Bank of Azerbaijan.
The books are authored by writers Gunel Anargizi and Afaq Magsud. The presentation was the continuation of joint project “We Support Your Love for the Literature” between Bank of Azerbaijan” and national newspaper “525-ci” and the Union of Azerbaijani Writers, and was part of the Bank’s corporate social responsibility program.
The Director of the Board of Bank of Azerbaijan Khayal Sharif-zadeh, the Secretary of the Union of Writers and the Chief Editor of “525-ci” Rashad Majid, the authors Gunel Anargizi and Afag Magsud, Member of the Parliament Agil Abbas and other public figures participated in the presentation. The participants underlined the importance of the project and its benefits for the society.
In his presentation, Khayal Sharif-zadeh called all businesses in the country to continuously and purposefully support socially important projects.
“We should not just emphasize the projects that are commercially important. Any company that cares about its image and prestige should support social projects. As a bank with social focus Bank of Azerbaijan will always support such projects,” said Sharif-zadeh.
In his presentation, the secretary of the Union of Azerbaijani Writers Rashad Majid expressed his gratitude to the Bank of Azerbaijan and hope that joint projects would continue in the future.
The Communications Manager of Bank of Azerbaijan, Rufat Abbasov noted that the Bank will continue “We support your love for literature” project in the future. He added that Bank of Azerbaijan plans to undertake bigger and more ambitious projects as part of its corporate social responsibility program this year.
In the presentation MP Agil Abbas also made a speech and noted that the project “We support your love for literature” is very important for the Azerbaijani society.
“It is important that this project aims to help talented young people. Bank of Azerbaijan, “525-ci” and Union of Azerbaijani Writers help increasing the interest for literature in the society. This is priceless,” he noted.
In their own turn, Gunel Anargizi and Afag Magsud thanked the organizers for the publication of the books. “The care and interest of businesses in literature urge us to increase the quality of our creative work. We are very glad that our work is appreciated and it attracts interest it deserves,” the authors said.
The main purpose of the project “We support your love for literature” is development of Azerbaijani literature. The published books are distributed free of charge to the libraries in the country, VIP customers of Bank of Azerbaijan and subscribers of the newspaper “525-ci.” The editor of the series is Selim Babullaoglu. So far, works of Nurangiz Gun, Afag Masud and Gunel Anargizi were published within the framework of “We support your love for literature.” Soon, new works by young Azerbaijani writers will be published.
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08 December 2009 / 16:31
The presentation of books published with the support of the bank of Azerbaijan has taken place in Baku |
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The presentation of two books of poetess Nuranghiz Gun and the compilation of selected writings of Azerbaijani female writers have taken place in the Writers’ Union of Azerbaijan.
The publication of these books has been possible in the framework of the project implemented by the Bank of Azerbaijan, the Writers’ Union of Azerbaijan and the 525th newspaper – We Support Your Love to Literature.
Prominent public figures of Azerbaijan have participated in the presentation. During his speech, Rashad Majid, the secretary of Writers’ Union of Azerbaijan and editor-in-chief of the 525th newspaper has underlined the importance of this event.
“Today’s event is very important for Azerbaijani society. This presentation demonstrates the animated interest of our society towards literature. The significant role has been played by the Bank of Azerbaijan which has consented to cover all expenses for the publication of these books without any hesitation. We would like to believe that other business structures will use this example of the Bank of Azerbaijan and join to various literature projects”, - said Rashad Majid.
In his turn, Rufat Abbasov, head of Communications Department of the Bank of Azerbaijan has stated in the speech that the Bank is proud to take part in this project.
“We are not going to limit ourselves by this achievement only. The Corporate Social Responsibility which enabled the implementation of this project is one of the most important priority trends of the Bank of Azerbaijan. Our objective is to serve the society. Our common strategy for CSO is that We Support Love to Society. This slogan will be reflected in each our project”, - emphasized Rufat Abbasov by finalizing his speech.
Having presented the compilation of her verses, the famous Azerbaijani poetess Nurganghiz Gun has stressed a sincere gratitude to the Writers’ Union of Azerbaijan, the 525th newspaper and the Bank of Azerbaijan.
“It is pleasant to comprehend that you serve to absolutely unknown people. The project called We Support Love to Literature deserves the kindest words. We hope that the Bank of Azerbaijan will be always our reliable friend and assistant”, - underlined N.Gun.
It should be recalled that the main objective of the project called We Support Love to Literature is the development of Azerbaijani literature and support of young talents. Books will be distributed free to the libraries of the country, VIP clients of the Bank of Azerbaijan and subscribers of the 525th newspaper. The editor of the series of books is Salim Babullahoglu. In the near future in the framework of the project will be published books of Afag Mahsud, Gunel Anargizi and Aysel Alizadeh.
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02
December 2009 / 11:45
The Bank of Azerbaijan – We Support Your Love to Literature |
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The Bank of Azerbaijan launches a new project – We Support Your Love to Literature jointly with Azerbaijan Writers’ Union and the 525th newspaper.
In the course of this project implemented in the framework of Corporate Social Responsibility with the financial support of the Bank of Azerbaijan, writings of young Azerbaijani writers will be published.
The main objective of the said project is the development of Azerbaijani literature and support of young talents. Books will be distributed among national libraries, VIP clients of the Bank of Azerbaijan and subscribers of the 525th newspaper absolutely free of charge. Thus, a wider audience will have an access to unique writings.
“The Bank attaches a particular attention to the Corporate Social Responsibility. The special role in CSR is played by projects linked to the culture. The support of various spheres of culture becomes a good tradition of the Bank of Azerbaijan. We are convinced that every citizen should contribute to the development of Azerbaijani culture”, - underlined Mr.Khayal Sharif-zadeh, Chairman of the Board of Directors of the Bank.
The participation of the Bank of Azerbaijan in this project has been highly valued by Rashad Majid, editor-in-chief of the 525th newspapers and secretary of Azerbaijan Writers Union.
Each business structure supporting literature and writes deserves a deep respect. This support is a big contribution to our spiritual values and future generation of our country. I would like to believe that we will have gradually more business structures supporting literature, noted Rashad Majid.
It should be recalled that this is not the first action of the Bank in the framework of support various cultural events. This September, the Bank of Azerbaijan became the official sponsor of East-West Movies Festival which caused a great interest in Azerbaijani society. In the framework of this East – West festival, the Bank has conducted a wide scale campaign called We Support Literature Passion.
In nearest future, the Bank of Azerbaijan plans also to implement various interesting social projects called – We Support Love to Nature; We Support Love to Children, We Support Love to the City etc. |
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20 November 2009 / 11:45
Bank of Azerbaijan intends raise the amount of fixed capital up to azn 25 million |
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The State Securities Committee has registered the request of the Bank of Azerbaijan to realize the emission of ordinary registered shares in the total amount of AZN 10 million. 500 thousand shares with each nominal value of AZN 20 will be issued in the result of a new emission. Thus, following the placement of the announced number of shares, the fixed capital of the Bank of Azerbaijan will reach AZN 25 million.
The placement will take place from December 2009 till December 2010 in Baku Stock Exchange in the form of mass offering. Persons wishing to purchase shares can apply to an organization which has the broker license and is the member of the Baku Stock Exchange CJSC. The request of the Bank of Azerbaijan for emission of ordinary registered shares is placed in Emittents section of Baku Stock Exchange’s website.
“One of our main goals is to be among ten leadings banks of the country by the end of 2010, and the planned increase of the fixed capital is an important step in obtaining this goal”, - said Khayal Sharif-zadeh, Chairman of the Management Board of the Bank of Azerbaijan.
It should be noted that currently, the Bank of Azerbaijan offers a wider range of services for population. According to the result of 9 months in 2009, the Bank has gained considerable achievements. Thus, the Bank’s assets have increased by 32.89% and totaled AZN144 530 630 while the loan portfolio has increased by 24.71% and deposit by 41.72%. |
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05 November 2009 / 15:23
Bank of Azerbaijan extends unbelievable privilieges to the members of BizKlub being the Azercell subscribers |
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Always thinking about expanding the possibilities of its customers, Bank of Azerbaijan has been the memhber of BizKlub. Following this step, the members of BizKlub being the Azercell subscribers will have an opporunity to benefit from various privileges.
Thus, any member of BizKlub opening an account in the Bank of Azerbaijan will enjoy the following privileges:
To place a bank deposit in favor of a third person;
To obtain percent rate from the deposit in the most convenient scheme;
To use money without touching the account.
Besides that every BizKlub member will be offered the plastic card of the Bank of Azerbaijan as a gift. This card will open wider possibilities mentioned below:
Free connection to MobilBank service;
Payment of all public utilities bills via mobile without any extra interest rates;
Observe the remaining funds and transfer of these funds held in plastic card in real time.
BizKlub members can enjoy more beneficial loan services:
Obtain 10% more loan in comparison with the received amount in the result of special analysis;
Have the discount from 0.5% till 2% on the loan.
It should be noted that BizKlub is the club of useful communication, various discounts and privileges envisaged for the post paid Azercell subsribers.
As a result of the entry of the Bank of Azerbaijan to BizKlub, deposit makers will get many new opportunities. Bank will continue to run a successful policy in building partner and reliable relations with its customers.
It should be ntoed that the volume of the fixed capital of the Bank of Azerbaijan is AZN15.000.000 while the total level of bank assets is more that AZN144 million.
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28 October 2009 / 09:50
Number of deposits put at the Bank of Azerbaijan increased significantly |
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During 9 months of the current year, Bank of Azerbaijan has fostered further its positions in Azerbaijani financial market. Bank of Azerbaijan has managed to attain high results and open wider prospective for future successful activities.
For the 1st of October 2009, the overall volume of the Bank’s assets has increased by 32.89% and totaled AZN 144.530.630. At the beginning of the current year, this indicator has been at the level of AZN108.755.750.
The fixed capital of Bank of Azerbaijan has increased up to AZN 15.000.000 which is 2.49 % higher in comparison with the beginning of the current year. Other indicators of the financial report prove the dynamic development and reliability of Bank of Azerbaijan.
As it is known, Bank of Azerbaijan realizes the loan policy destined to attract reliable clients for long term co-operation. The loan portfolio of the Bank in 2009 has increased by 24.71 %. During 9 months of the current year, loans allocated to customers have totaled AZN113.331.550. For the 1st of January 2009, this indicated has equaled AZN90.873.830.
The deposit portfolio has increased by 41.72% in last 9 months. While this indicator has been at the level of 42.489.830 for the 1st of January 2009, it reached AZN60.218.560 on October 1, 2009.
The work with clients takes a special place in the activities of Bank of Azerbaijan. Thanks to ensuring the necessary quality in servicing customers and paying attention to their problems, the number of deposit accounts of physical persons has increased by 67.07%. For the 1st of October 2009, the volume of deposit accounts at the Bank has reached AZN50.402.610 while it has been at the level of AZN30.168.190 on January 1, 2009.
It should be noted that Bank of Azerbaijan makes its customers glad by unique products, extend the comprehensive support to business structures and private persons. For the time being, Bank of Azerbaijan is among 18 national banks which have a right to allocate mortgage credit. |
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26
September 2009 / 11:31
Bank of Azerbaijan enlarges its branches |
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Currently, Bank of Azerbaijan being one of the leaders of financial sectors of the country fulfills an active work to optimize the branch network aimed at improving the quality of services extended to the population.
“Optimization of branches’ network envisages the enlarging of Bank of Azerbaijan’s branches all over the country. By this November and December, 2 large branches of the Bank will be commissioned. These branches will unite several small branches”, - said Mr.Khayal Sharifzade, Chairman of Board of the Bank of Azerbaijan.
These branches will opened in Yasamal and Narimanov regions of Baku.
In Narimanov region, the branch will be opened near Ganjlik subway station; while the branch of Yasamal region will be opened near Huseyn Javid Park in proximity of Elmlar Akademiyasi subway station.
Bank of Azerbaijan pays a particular attention to the location of new branches. To be used easily by the population, large branches will be opened near subway stations or animated places. Each branch will have the modern car parking place. It is planned also to open branches near Gara Garayev and Neftchilar subway stations and in micro-districts. Recently, the Bank has opened a new branch in Commercial Center of Baku Bus Compound.
The number of branches of the Bank of Azerbaijan will not be just maintained, but even increased thanks to the opening of new branches in Baku and regions of Azerbaijan.
“In 2010-2011, Bank of Azerbaijan plans to open its branches in regions of Azerbaijan to be closed to the population. Branches will be opened in Sumgayit, Guba, Ganja, Lenkoran and Mingachevir. In other words, having understood well the importance of regions in the life of our country, Bank of Azerbaijan intends to expand the branch network in this direction and be suitable to its name. Branches of the Bank are already in Sabirabad, Nakhchivan, Balaken, Zardab and Ujar”, - declared Chairman of the Board of the Bank.
Besides that, the leadership of the Bank of Azerbaijan has taken the decision to reduce currently exchange offices located in various places of Baku. First of all, this has been done in order to optimize the network. Currency exchange networks under the branches will continue its activities as usual.
The plans of the Bank of Azerbaijan are not limited only by optimizing the financial network and expanding the products line and scope of extended services. Bank of Azerbaijan intends to continue bringing joy to citizens by offering its products and extending a significant support of business structures and private individuals in the country.
It should be noted that the volume of fixed capital of Bank of Azerbaijan equals to AZN15 million while the level of overall bank assets exceeds AZN127 million. Currently, Bank of Azerbaijan is among 18 national banks which have the right to allocate mortgage.
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25
September 2009 / 11:31
Bank of Azerbaijan announces tenders |
In order to improve material and technical
basis, Bank of Azerbaijan announces tenders in
the following areas:
| Furniture Supply |
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Firefighting Alarms |
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Video surveillance system |
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Checkpoint system |
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Electronic Shift system |
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VRV multi-zone conditioning system |
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Module safes |
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Intranet system |
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Elevators Supply |
All requests to participate in tenders are being accepted within 5 working days (since 25.09.2009 till 30.09.2009) as the announcement is placed in website of the Bank.
Requests to participate in tenders should contain general information about the company which presents this request and solutions offered by the candidate company.
In case of successful pass of the qualified selection by the candidate, tender commission will notify about it to the said candidate and will invite its representative to receive tender documents. Candidates which failed to pass the qualified selection will be sent written notifications.
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15
September 2009 / 16:31
Bank of Azerbaijan finalizes the contest results for the best corporate slogan |
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Bank of Azerbaijan in association with www.mak.az website has finalized the results of the open contest for the best corporate slogan of the Bank.
It should be recalled that early August of the current year, Bank of Azerbaijan has offered a unique possibility for young marketers for the first time in Azerbaijan aiming to support various professional communities at the basis of its Corporate Social Responsibility policy. Thus, four young and promising marketing specialists of our country have got an opportunity with the support of Bank to take part in master classes held in Ukrainian capital, city of Kiev on September 16 and dedicated to the Management and Marketing in the period of Changes led by Philip Kottler.
In order to participate in master classes of Philip Kottler, young marketing professionals had to send the best draft corporate slogan for the Bank.
Mak.az internet resource uniting the Azerbaijani marketing community opened special topic dedicated to this contest for organizing an effective contest. In the course of this contest, over 100 participants have sent more than 1000 slogans. All of the proposed slogans have been analyzed by the Bank management. According to the decision of the Bank’s Board, for the time being, none of these draft slogans coincide fully with the vision and goals of the Bank.
In spite that the slogan has not been chosen yet for the Bank, the Bank management considering a keen public interest to this contest has decided to award valuable prizes to the best active participants.
“We do express our appreciation to all young marketing specialists who sent their suggested slogans. In spite that the slogan has not been chosen for the Bank, we have come to the decision to award the best participants. Thus, the slogan sent by Farhad Gafarzade became the best among all others in our opinion. This participant will be sent to Kiev to take part in the master classes - Management and Marketing in the period of Changes. We are thankful to all those who have actively participated in this contest and sent us their proposals,” – noted Mr.Khayal Sharifzade, the Chairman of the Board of the Bank of Azerbaijan.
Furthermore, Mr.Sharifzade went on as saying that the best other participants were Orkhan Yusifov and Mustafa Mamedov. They will get Gold Cards of the Bank with some amount of funds loaded on their account.
The said contest has been valued highly also by Mr.Mamed Kerimov, director of MakAcademy and website. He said: “The contest organized by the Bank of Azerbaijan is the first ever such competition. It has been organized very properly. It should be noted that employees of other banks have participated actively in this contest. I think that such contests are very important to stimulate young marketing specialists”.
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15
September 2009 / 11:31
Bank of Azerbaijan icreases interest rates for urgent deposits |
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From September 11 till October 1st of this year, Bank of Azerbaijan provides a unique opportunity for all сustomers during the broadcasting of the popular TV project called Car Show.
Any depositor making an urgent deposit to the Bank of Azerbaijan in that period of broadcasting will get an additional bonus of 1%.
Terms for deposits are given below:
| Interest rates in AZN and USD |
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Deposit Time |
% AZN, USD |
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6 months |
15% annual rate
+ 1% bonus |
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12 months |
17% annual rate
+ 1% bonus |
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24 months |
18% annual rate
+ 1% bonus |
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Over 24 months |
19% annual rate
+ 1% bonus |
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Deposit Time |
% EURO |
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6 months |
9% annual rate +
1% bonus |
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12 months |
11% annual rate
+ 1% bonus |
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24 months |
12% annual rate
+ 1% bonus |
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Over 24 months |
13% annual rate
+ 1% bonus |
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This Campaign will bring the Bank closer to its depositors.
It should be noted that the general sponsors of Car Show project are Bank of Azerbaijan and Qarant Sığorta Insurance Company.
It should be noted that the volume of fixed capital of OJSC Bank of Azerbaijan founded in 1993 equals to AZN 15 million while the level of overall bank assets exceeds AZN 127 million. |
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02 September 2009 / 14:31
«Bank of Azerbaijan»
We support your affection to culture |
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On September 18 of this year, the opening ceremony of East-West XI Baku International Film Festival will take place at Heydar Aliyev Palace with the support of Bank of Azerbaijan. The main idea of East-West International Film Festival is the dialogue among civilizations.
Seeing the importance of holding such a significant event in the cultural life of country, one of the largest banks of Azerbaijan – the Bank of Azerbaijan expressed its wish to be the official partner of East-West Film Festival. In the framework of this Festival, Bank of Azerbaijan has started the communication campaign entitled “We Support Affection to Culture”. Bank of Azerbaijan is convinced that Affection to Culture is the main prerequisite of success in many fields of life. Indeed, affection to culture educates each of us to be committed to the real life values.
Program of East-West XI Baku International Film Festival is quite rich and interesting.
Bank of Azerbaijan invites all film amateurs of Azerbaijan to participate actively in East-West Festival.
It should be recalled that on October 23, 1996, the first festival organized by the Union of Film Producers of Azerbaijan and the Foundation of Hundredth Anniversary of World Movies in Azerbaijan have taken place in Respublika Palace with the support of the Confederation of Unions of Film Producers.
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31
August 2009 / 09:25
Bank of Azerbaijan started to receive public utilities payments via KOMIS SYSTEM |
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Bank of Azerbaijan has started to receive public utilities payments at the basis of KOMIS system (Kutlevi Odenishler uzre Merkezleshdirilmish Informasiya Sistemi – Centralized Information System for Mass Payments).
The said system is powered by the Central Bank of Azerbaijan and for the time being, it allows receiving payments for electricity, natural gas and water bills both from natural and juridical persons.
To make a payment, clients need to register within this new system. In order to pass the registration, it is necessary to apply to the bank by presenting the identity card and subscriber codes allocated issued by public utilities services. After the registration is complete, clients are given the registration document containing the code which is the common for all subscriber codes assigned to the specific client.
Public utilities payments by KOMIS system are received in all branches of Bank of Azerbaijan.
It should be noted that the volume of fixed capital of OJSC Bank of Azerbaijan founded in 1993 equals to AZN 15 million while the level of overall bank assets exceeds AZN 127 million. Currently, Bank of Azerbaijan is among 18 national banks which have the right to allocate mortgage.
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19
August 2009 / 09:25
BANK OF AZERBAIJAN SUPPORTS MARKETERS PARTICIPATION AT THE TRAINING OF PHILIP KOTLER, THE MARKETING GENIUS |
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In the result of the possibility created by the Bank of Azerbaijan, young marketing specialists of Azerbaijan will participate in the master classes of the Philip Kotler world-recognized business guru and a Founder Father of marketing as a scienceas.
In the framework of the Corporate Social Responsibility policy, Bank of Azerbaijan aiming to support the various professional communities in Azerbaijan is creating the incredible possibility for young marketing specialists for the first time in Azerbaijan. With the support of the Bank, four young and promising marketing specialists of our country will participate in the master classes to be held in Ukrainian capital, city of Kiev on September 16 dedicated to the Management and Marketing in the period of Changes.
Bank of Azerbaijan announces the interesting contest to choose young marketing specialists who will get a chance to meet with Philip Kotler, one of the four most influential business thinkers and the marketing legend. For the first time in Azerbaijan, the bank has announced to hold an open contest to invent its corporate slogan. The person who will form the best slogan will join to the master classes in Ukraine.
In order to organize an effective contest, the blog dedicated to this contest has been created in mak.az internet resource uniting the Azerbaijani marketing community. Anyone interested in this topic can obtain detailed information by using the following link: www.mak.az.
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06 August 2009 / 17:00
Bank of Azerbaijan intends to allocate 100 Mortgage Loans. The Bank has extended up to 40 loans already |
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5 August 2009, Baku: After the restoration of the mortgage loan program, Bank of Azerbaijan has allocated almost 40 mortgage loans and intends to raise its number up to 100.
Starting from early July, the overall amount of the allocated mortgages has totaled 1,5 million manats and there are also 1 preferential mortgage loan.
Bank of Azerbaijan extends its mortgage loans for the period ranging from 3 up to 25 years with the maximum interest rate of 8% at the basis of down payment in the amount of 25% of the acquired property.
“Our bank has never stopped issuing the loans and continues currently. At the same time, we allocate mortgage loans to our clients. This valuable opportunity created by the government of Azerbaijan for its citizens enables many people to realize their inaccessible dream to own property. As Bank of Azerbaijan, we are pleased to be a part of this process and participate in mortgage program”, - said Mr.Khayal Sharifzade, Chairman of the Board of Directors of the Bank of Azerbaijan.
In order to avoid the problem related to the pending loans faced by many banks, Bank of Azerbaijan considers seriously the real solvency opportunities of loan takers and their documents which are submitted necessarily to obtain any loan.
Established in 1993, the fixed capital of the Bank of Azerbaijan OJSC is equal to 15 million mantas. Total amount of assets is at the level of more than 127 million manatas. |
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04 June 2009 / 15:00
«Rahat Depozit» – a new
product from Bank of
Azerbaijan! |
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Bank of
Azerbaijan would like to announce that it starts
a new unique product “Rahat Deposit” from
June 1-st. Placing the deposit in our bank
customers keep the opportunity to use their
money at any time. The access to the money is
implemented due to a line of credit which can be
lodged at the rate of 30, 50 or 70% from deposit
amount volume.
Originality of this product lies in several
factors at once.
1. Deposit interest rate – 14% annual, are added
on the whole amount of invested deposit in any
case. Deposit investment period not less than 1
year.
2. Capability to withdraw deposit interest on a
monthly basis.
3. Credit line rate – starting from 12%, that is
lower than deposit interest rate in any case.
Thus, the customer has more than the access to
his investment, gets interest on it, but also
remains the gainer as the credit rate lower than
the deposit interest rate.
Bank of Azerbaijan proceeds with pleasing our
country citizens caring for their prosperity,
and every time offering a people new products.
You can find “Rahad Deposit” terms in details at
our website http://www.bank.az or calling
our info center – 175.
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30 Mart 2009 / 11:00
New Head Office Address! |
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Ladies and
Gentlemen! We would like to inform you that Bank of
Azerbaijan’s Head Office moved to new address:
Quarter 657, X.Sarabski str. And the previous
head office address(Samed Vurgun str. 3) is the
operating place for Branch №3. We would
like to
mention that the main purpose of the Bank of
Azerbaijan is improvement the operation quality
of the bank, including the improvement of
customer service, introduction of advanced bank
technologies and application of high business
standards management. As the result of this, the
new office is functionally divided to Head
Office and Central Branch of the Bank. The
Central Branch of the Bank, which is on the
ground (1st) floor, will offer the
widest range of service for bank clients. Bank
offers to the clients the maximum high standards
of service, starting with convenient location of
the Head Office and parking place for cars till
special rooms for VIP clients and depositary
boxes. |
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18
September 2008 / 11:25
Bank of Azerbaijan
Increases Authorized
Capital |
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The State Committee for Securities registered
the issue prospectus of the ordinary registered
stocks of OJSC “Bank of Azerbaijan”. The volume
of the issue is AZN 10.000 000, the face value
per stock AZN 20. According to the issue
prospectus, placement will be held by means of
the initial public offering on Baku Stock
Exchange. “Respublika Invest” will be the
underwriter of stocks placement. |
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04 March 2008 / 16:20
Our Bank expands network
of ATMs in Nakhchivan
city |
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Our Bank has put into operation a new ATM in "Duz-Daghi"
hotel in Nakhchivan city. Our new ATMs will
serve 24/7 to residents as well as travelers of
Nakhchivan city
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25 February 2008 / 17:00
New ATMs have been put
into operation in
Nakhchivan |
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New ATMs have been put into operation in
Nakhchivan city, Shah Ismayil Khatai street,
Trade Center to better meet needs of our
customers. New ATMs will serve 24/7 to
customers. |
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19 February 2008 / 14:08
New ATMs have been
put
into operation in
Sabirabad city
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New ATMs have been put into operation in
Sabirabad city,
Heydar Aliyev avenue
73-A since April 1st. ATM
specifications: Banknotes: 1 AZN, 5 AZN,
10 AZN, 20 AZN, Working hours: 24/7 |
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