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The Open Joint Stock Company International Bank of Azerbaijan

The Open Joint Stock Company International Bank of Azerbaijan

Accounting Firms

Description

The International Bank of Azerbaijan provides various commercial banking products and services for retail and corporate customers in the Republic of Azerbaijan, the Russian Federation, and the Republic of Georgia. The company operates through Banking, Insurance, and Card Processing segments. Its deposit products include classic and multi currency deposits, savings and advance deposits, child and pension deposits, current accounts, current sub-accounts, advance and deposit accounts, and correspondent accounts. The companys loan portfolio comprises consumer loans, auto credit, mortgage loans, and lombard and free loans; and project financing, fore- and post-export lending, trade financing, and overdrafts, as well as short, mid, and long-term loans. It also offers loan syndication and factoring, custody, credit and debit cards, money transfer, Internet banking, Webmoney, POS-credit, settlement, safe deposit box lease, and automatic payment services, as well as currency exchange, documentary transactions, payments by the bank cards, e-commerce, and services for financial institutions. In addition, the company provides investment savings products, direct debit facilities, and derivative products for retail and corporate customers. Further, it offers medical, auto, marine third party liability, marine hull, property, casualty, life, and personal insurance, as well as insurance banking risks, fire insurance, insurance of liability for non-performance of obligations, and reinsurance services; and clearing and authorization services for plastic card transactions. As of December 31, 2013, the company operated 35 branches in the Republic of Azerbaijan; and 5 representative offices in London, Frankfurt, Dubai, Luxemburg, and New York. The International Bank of Azerbaijan was incorporated in 1991 and is headquartered in Baku, the Republic of Azerbaijan.

Corporate Address

67 Nizami Street Baku, 1005 Azerbaijan

Azerbaijan

994 12 493 00 91

Tags:

Banking Finance Company, Corporate Banking, Commercial Banking Products and Services, Consumer Banking Loans, Mortgage Banking Services, Credit Card Loans

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