OREANDA-NEWS.  June 11, 2014. Muganbank operates branches in Shamkir, Salyan and Khachmaz towns. Through expansion of its branch network in regions Muganbank enables the population there to benefit by various banking services.

The newly opened Shamkir, Salyan and Khachmaz branches offer retail and corporate customers such banking services as account opening, deposits, loans, bank cards, settlement and cash services, express money transfers, etc.

The branhces operate at the following addresses:

Shamkir branch: 179, Samad Vurghun Street, Shamkir town

Salyan branch: 109, Heydar Aliyev Avenue, Salyan town

Khachmaz branch: Nariman Narimanov Street, Khachmaz town

The bank is planning to open  branches and sub-branches in a few more regions according to its service network development concept.

“Muganbank” OJSC, one of the well-known participants of Azerbaijani financial-banking industry has been functioning since 1992. The bank’s 36 branches and 7 sub-branches in the country, as well as its representative office in Moscow effectively serve customers with all types of banking products. “Muganbank” OJSC cooperates with such international financial institutions as the US Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (“IFC”), World Business Capital, Inc. (WBC), Overseas Private Investment Corporation (OPIC) and Islamic Corporation for the Development of the Private Sector (ICD).