Expressbank Establishes Correspondent Relations with Commerzbank AG
OREANDA-NEWS. December 01, 2010. As part of expansion of international relations and meeting of needs of corporate clients Azerbaijan’s Expressbank has established correspondent relations with largest German bank Commerzbank AG.
The Azerbaijani bank informs that it will make more comfortable the process of payments for foreign partners, and the Bank in a way of diversification will be able to run effectively the nostro accounts.
Today authorized capital of Expressbank is 51.35 million manats with overall capital of nearly USD 57.05 million manats.
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