JSC Muganbank expands its branch network, as it is noted in a statement.
Three new bank branches started functioning in Sheki, Lankaran and Shirvan. Earlier it was reported that in June 3 more branches started in Baku, Shamakha and Agdjabedi. The first half of 2014 was the most fruitful for the network expansion - 9 branches and 1 branch opened.
Now the network includes 42 branches, 23 of which are in the regions of Azerbaijan. In addition, the Bank has 7 sub-branches.
New branches of the bank will provide the public the whole range of banking services.
Muganbank formed in November 1992.
The Chairman of the Board is Elmir Hasanov. Shareholders of the bank are Elmir Mehdiyev (63.5%) and three other individuals. - 17D-
Economics
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