TODAY.AZ / Business

Nikoil Bank to establish two branches in Baku

31 May 2007 [08:28] - TODAY.AZ
Nikoil Bank will open a branch in Nizami District, Baku June 8.

As APA reports, another branch will open in Surakhani District. At present the bank has 10 branches.

Nikoil Bank is owned by Russia's Uralsib Financial Corporation (61%), Uralsib Invest (19%) and Azerbaijan’s ISR Holding (20%).

As at April 1, the assets stood at AZN 75.889 million, loan portfolio AZN 55.749 million, deposit portfolio AZN 42.275 million, aggregate capital AZN 10.987 million and authorized capital AZN 8.956.

URL: http://www.today.az/news/business/41543.html

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