Official opening of Ziraat Bank Azerbaijan will be held in August

Baku. 28 July. REPORT.AZ/ Official opening of Ziraat Bank Azerbaijan will be held in mid-August in Baku. Report informs referring to the bank, but near the metro station "Icheri Sheher" already operates the eponymous branch of the bank, the official opening will take place next month. Now it's possible to use the services of the bank. Despite the formation of government and departments, the official press statements will be made after the opening.

Ziraat Bank Azerbaijan received a license from the decision of the Board of the Central Bank of Azerbaijan dated December 30, 2014.

On April 2, the State Committee for Securities registered 50,000 ordinary non-documentary registered shares, each with par value of 1,000 manat Ziraat Bank Azerbaijan, placed by the closed subscription. As a result, the authorized capital of the bank amounted to 50 million manats.

Ziraat Bank Azerbaijan JSC is a subsidiary of the Turkish TC Ziraat Bankası. TC Ziraat Bankası is a major banking organization in Turkey. The bank's assets as of January 1, 2015 amounted to 247.6 billion Turkish Liras (TL). At today's exchange rate (2,76 TRY/USD) is approximately 89.7 billion dollars. The Bank has 23,617 employees, 1,682 branches and offices, 6,043 ATM. T.C. Ziraat Bank finished last year with a profit of 4.05 billion Liras (1.5 billion dollars). The bank's share in the banking sector in Turkey is 12%.