OREANDA-NEWS. April 19, 2010. Russian regional financial organizations have started their activity  in Azerbaijan .

In March, the office of Russian Yug Invest OJSC passed state registration in Azerbaijan,  the Azerbaijani Ministry of Taxes informed. Shafayat Hamzayev appointed director of the office.

There is only one OJSC with the same name in Russia - Yug Invest Bank OJSC, has been functioning in Sochi since  1994.