OREANDA-NEWS. May 21, 2010. Azer-Turk Bank OJSC has postponed its plans on expansion of branch network.

The Bank informs that opening of branches in 2010 is not expected.

“Our Sumgait-based branch will open already next year,” Azer-Turk Bank informed.

Currently the Bank has three branches – by one in Baku, Ganja and Nakhchivan.

Azer-Turk Bank began its activities in Azerbaijan in July 1995. Its founder shareholders T.C.Ziraat Bankas? A.S., Aqrarkredit CJSC, non-bank credit organization Ziraat Bank International AG and Turanbank OJSC.