Bank of Baku Establishes Centralized Microcrediting Bureau
OREANDA-NEWS. December 30, 2009. Bank of Baku has re-considered policy of microcrediting. The Bank informs that it has established a centralized microcrediting bureau.
“With this purpose all the Bank of Baku’s microcrediting departments were transferred to our branch “Yasamal”,” the BoB reported.
The chief goal and advantage of the centralized bureau is consideration of a loan application in the day of its submission,” it was reported.
Along with “Yasamal” branch microloans are also extended by Bank’s branches “Ahmadli” and “Bakikhanov”.
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