The non-bank credit organization TBC Credit opens a branch in Khachmaz (northern economic region).
As noted in the report of the organization, it is the 6th branch - five already operate in Baku and Sumgait.
The Khachmaz branch provides loans to small and medium-sized businesses, as well as consumer credits. "The Khachmaz branch is the first branch of TBC Credit in the regions of Azerbaijan. It is from this region that we decided to start the development of our branch network outside the capital and its satellite city,” the press release presented the words of the TBC Credit Director David Kighuradze. According to the planned development strategy, the NBCO plans to expand its branch network throughout the country.
TBC Credit has been operating in Azerbaijan since 1999. Since December 2007, 75% of the company has been owned by the leading Georgian bank TBC Bank and 25% - by Enclude, USA (former ShoreBank International, USA). - 17D-
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