News Column

Azerbaijani Muganbank expands its branch network

August 5, 2014

Baku, Azerbaijan, Aug. 5


Muganbank further expanded its branch network through opening its 3 new branches in Sheki, Zagatala and Shirvan. The newly opened branches render all kinds of banking services to customers.

With the opening of new branches Muganbank enables the population in regions to benefit by different kinds of banking services.

The branches offer various banking services to retail and corporate customers, including account opening, receipt of deposits, lending, bank cards, settlement and cash services, express money transfers, etc.

The new branhces operate at the following addresses:

Shaki branch:

Adress: H.Aliyev ave.73, Sheki city

Tel: 0242442325, 0242442358

Zagatala branch:

Ünvan: H.Aliyev ave.91, Zagatala city

Tel: 02422 5 65 59

Shirvan branch:

Ünvan: 20 Yanvar str, Shirvan city

Tel: 02121 5 30 22; 02121 5 24 04

"Muganbank" OJSC, one of the well-known participants of Azerbaijani financial-banking industry has been functioning since 1992. The bank's 41 branches and 7 sub-branches in the country, as well as its representative office in Moscow effectively serve customers with all types of banking products.

"Muganbank" OJSC cooperates with such international financial institutions as the US Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation ("IFC"), World Business Capital, Inc. (WBC), Overseas Private Investment Corporation (OPIC) and Islamic Corporation for the Development of the Private Sector (ICD).

For more information about Muganbank products and services, you can call our information desk (933) or follow us on, as well as, on

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Trend News Agency (Azerbaijan)

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