TODAY.AZ / Business

Bank Standard joins the Auerbach Grayson broker network

16 June 2006 [11:46] - TODAY.AZ
Auerbach Grayson & Company, a New York-based brokerage firm that specializes in international securities trading for U.S. institutional investors, recently announced that Bank Standard has agreed to become its exclusive local broker partner in Azerbaijan.

With Bank Standard joining its global network, Auerbach Grayson now has local broker partners in 98 countries and anticipates reaching the 100 mark by the end of 2006. As the 98th member of the Auerbach Grayson network, Azerbaijan follows on the heels of recent new members Pakistan, Qatar, Sri Lanka and Vietnam.

"Auerbach Grayson and its worldwide network will greatly expand our relationships with international financial institutions, and give Bank Standard an important role in introducing institutional investors to Azerbaijan's publicly-traded markets," said Salim Kriman, chief executive officer, Bank Standard.



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