In Q2 of 2016 Bank of Baku Sacked 17 People

In the second quarter of 2016 compared to the first quarter the number of Bank of Baku employees decreased by 17 people.

Turan reported with reference to the issuer's report published in the electronic data disclosure system (disclosure.az), if at the end of the first quarter, 727 people worked in the bank, by the end of the second quarter their number was 710. Interestingly, in the bank’s report for the first half of the year data on their employees was only for the second quarter and did not present the ratio of workers since the beginning of the year.

However, according to the rules of reports, the disclosure.az site should be available within five years, but the data of Bank of Baku for the beginning of the year could not be found on this website.

According to the same report for the first half of the year the bank closed three of its branches - the branch Khagani in the Sabail district, the branch Otoplaza on Ziya Bunyadov Avenue and the Ganja branch in the Ganja city.   -----71D