| AccessBank
expands regional branch network
AccessBank opens a new branch in Jalilabad.
Baku, January 19, 2009. AccessBank
has opened a new branch in Jalilabad, a town located
in the south of Azerbaijan. The opening of this new
branch not only increases the number of branches to
twenty-one but also extends AccessBank’s regional branch
network. Each year AccessBank’s branch network expands
to cover more regions of Azerbaijan. With this continual
expansion, the bank offers people living outside of
the capital full access to banking products and, in
particular, supports business development in the regions,
which is one of the main objectives of AccessBank’s
shareholders.
The new Jalilabad branch provides a
full range of services for legal entities and individuals,
including international money transferring systems,
current and deposit accounts, VISA plastic cards as
well as disbursement of small business and retail loans.
Rahman Aliyev, an experienced AccessBank
employee, has been appointed as the Branch Manager of
the new Jalilabad branch, after having successfully
passed the National Bank of Azerbaijan’s attestation.
Dr. Andrew Pospielovsky, General Manager of AccessBank,
greeting the opening of the new branch said: “Opening
the new branch in Jalilabad is an important step in
the general strategy of the bank to provide access to
financial services to small business and Azerbaijanis
throughout the country. Increasing access to financial
services and developing the non-oil sector of the economy
of Azerbaijan are the main priorities of our bank and
its shareholders.”
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