OREANDA-NEWS. October 26, 2011. “Muganbank” OJSC under its branch network expansion program opened a new sub-branch in “Bina” Shopping Mall located in Lokbatan settlement, reported the press-centre of Muganbank. 

The opening of the new sub-branch was stipulated by the increasing growth rate of Azerbaijan economy and infrastructure, as well as the demands of the population for high-quality banking services. The main function of the new sub-branch will include supporting of financial projects of small and medium-sized businesses operating in “Bina” Shopping Mall.

This sub-branch is the third one of the Bank’s offices that were opened in 2011. Today the Muganbank has a head office, 30 branches and 2 sub-branches functioning. Its branch network includes not only Baku, as well as its regions such as Khirdalan, Sumgayit, Ganja, Mingachevir, Goranboy, Ismayilli, Guba, Bilasuvar, Masalli and Lenkoran.