The JSC Muganbank branch network is expanding not only due to the capital, but also due to the offices in the country. Yesterday three new branches opened in Baku, Shamakhy and Agdjabedi.
According to the press release of this financial structure, now in possession of the bank there are 39 branches, 20 of which are in districts, and seven sub-branches. New branches of the bank will provide the public the whole range of banking services.
The first half of 2014 was the most fruitful time for the network expansion - 9 branches and 1 sub-branch opened.
JSC 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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