OREANDA-NEWS. June 24, 2014. Muganbank has expanded its network of services recently through opening new branches within the country. The bank opened “VIP” branch in Baku  as well as two more  branches in Shamakhi and Aghjabadi towns.

“VIP” branch is located in H.Seyidzadeh Str. 35/37, Baku city, and offers customers all types of banking services. Shamakhi branch located in H.Aliyev street, Shamakhi town and Aghjabadi branch located in Nasimi street,  Aghjabadi town enable the population in these regions to benefit by various banking services.

It is worthwhile noting that 9 new branches as well as 1 new sub-branch of Muganbank started their operations during the first half of 2014.

“Muganbank” OJSC, one of the well-known participants of Azerbaijani financial-banking industry has been functioning since 1992. The bank’s 38 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).