Bank Nikoil Unites Two Branches

Bank Nikoil has decided to combine two regional branches. In order to optimize the branch network it decided to combine the Masalli and Lankaran branches and place it in the city of Lankaran.

Recall that on 9 September the Financial Markets Supervision House decided to close four branches of the bank.

Earlier, commenting on the decision for Turan, the Director of the Marketing Department of Bank Nikoil, Rashad Jumshudov said "the management of the bank was planning to optimize costs, which meant the closure and consolidation of certain subsidiaries."   ------71D

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