Deposit portfolio of Bank of Baku for the year increased by 50%

The deposit portfolio of the Bank of Baku increased by 50% compared to the same period last year. 50% growth in attracting deposits was made possible thanks to the various programs of bank deposit, highly demanded by the population.

Deposit portfolio of the Bank of Baku has already exceeded 300 million manat. The dynamic growth of deposits of the Bank of Baku, which is today one of the leading financial institutions in the area of retail lending, also demonstrates the significant success of the bank to attract deposits.

Meanwhile, there is reason to assume greater success of the Bank of Baku in attracting deposits, as in the past month the Bank of Baku for the first time in Azerbaijan founded Amanat Klubu (Club of Deposits) for investors. Each investor, which entered into Amanat Klubu, can take advantage of various benefits, including, get bonus interest on the contributions of a soft loan, a free service of SMS banking, internet banking and other privileges. Every depositor, whose deposit history is at least 12 months, or a new investor who opened a deposit account (as soon as his deposit story is 12 months old) can join Amanat Klubu. 

At this time, there is sharp increase in customer calls to the branches of Bank of Baku to join the club or to open a bank deposit account. Opening a deposit account is now one of the most popular products of the Bank of Baku. - 15D -