AGBank Reports Grave Rise of Deposits in 2009
OREANDA-NEWS. September 30, 2009. AGBank is satisfied with the level of its customers’ confidence.
Azer Movsumov, the Bank’s chairman of board, says that in 2009 despite crisis phenomena in world economy they have registered growth of deposit portfolio.
“From the very beginning of the year deposits in AGBank rose by AZN 12.5 million that is a high indicator and demonstrates high level of trust of our clients,” Movsumov said.
The level of customers’ loyalty has become actual for Azerbaijani banks since early 2009 when it was registered outflow of deposits against the background of speculative and crisis expectations.
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