OREANDA-NEWS. July 12, 2011. Bank Standard has become the first bank cooperating with all express money transfer systems in Azerbaijan, reported the press-centre of Bank Standard.

Bank conducts express money transfer services via "Western Union", "Xpress Money", "Private Money", "Faster", "Bistraya Pochta", "Contact", "Migom", "Zolotaya Korona", "Blizko", "Lider", "Avers", "Coinstar", "Caspian Money Transfer", "Interekspress", "Allur", "AziyaEkspress" and "Intel ekspress".

Following its establishment in 1995, Bank Standard has operated as a retail bank specializing in providing services to individuals. Since 2004, in line with changing its name, Bank Standard revised its development plan and has changed itself into a universal commercial bank focused on serving both individuals and the business sector, providing a broad range of financial services to its clients.

Currently, the Bank is in the process of rapid development by actively introducing new service technologies. Services to individual and corporate clients include settlement services, various lending instruments, payment

card services, term deposits for individuals and corporate clients, transfers through international money transfer systems, securities transactions, trade financing and documentary transactions, provision of loans and guarantees, factoring, consulting, etc.

The growth potential of the bank is largely determined by its reputation as of the largest private bank in the country, by its client base and its top quality service. The client base of the bank comprises more than 1300 corporate accounts and more than 25 000 individual accounts.