AccessBank wins the "Best Bank of Azerbaijan" award

The Euromoney awards are the most prestigious in the financial world and are given to leading banks and financial institutions in more than 100 countries in 25 nominations. The awards are given on the basis of examining the operations of the candidates by financial analysts, survey of international correspondent banks, renowned financiers and bankers. Position on the market, market share, level of banking products and services, management, professionalism of the staff, innovative characteristics and bank's capital are among the criteria taken into account.

"AccessBank's success is based on the individual contribution of each member of our staff.  Winning the Euromoney Best Bank award - the most prestigious award in the financial world - is recognition of the dedication of our staff.  In addition, the award again recognizes that our corporate goal of 'Responsible Banking' - of ensuring that each product we offer is truly beneficial for each client - is also a good foundation for business success," General Manager of AccessBank Andrew Pospielovsky said.

The Euromoney group comprises approximately 100 different companies specializing in finance and banking. The main publication of the group, which was laid the foundation for the company in 1969, is the monthly magazine "Euromoney".

AccessBank's mission is to provide access to financial services for Azerbaijan's low and middle-income households and micro and small businesses. The International Fitch Rating Agency has recognised AccessBank as the most reliable non-state owned bank in Azerbaijan (BB+).

AccessBank is 100 percent foreign owned by six shareholders, consisting of: the European Bank of Reconstruction and Development, the International Finance Corporation, the Black Sea Trade and Development Bank, KfW Development Bank - the Development Bank of the German Government (20% each), Access Microfinance Holding - a strategic investor in microfinance (16.5%), and LFS Financial Systems - a German consulting company (3.5%).


/Trend/