OREANDA-NEWS. September 26, 2011. “Akhmedly”, a new branch of Xalq Bank (People’s Bank), has begun operating today.

According to the Bank, "Akhmedly" is its fourth Baku branch. The new branch offers a full range of banking services for the population and businesses, including deposit accounts, various loans, foreign exchange operations, operations with bank cards, settlement and cash services and money transfers.

Branch "Akhmedly" is located at the address: 23, M. Rustamov Street, Baku. Tel: (012) 570 92 05, fax: (012) 570 92 06.

To date, the branch network of Xalq Bank consists of 15 branches and 2 sub-branches in the capital and regions. Until the end of 2011 the Bank plans to open several more branches.