Since Its Establishment In 1994, Today, "Baku Bank" Open Joint Stock Company Has Been Adhering To Several Basic Principles Of Its Activities. The Bank Supports Retail Enterprises, Small And Medium-sized Enterprises, Major Corporate Customers And Pursues The Goal Of Improving The Quality Of Services Provided To Its Customers And Clients. The Retail Industry Is The Main Field Of Business Of "Baku Bank". The Growth Dynamics Of Consumer Loans In The Country Have Stimulated The Development Of The Bank.
The Motto Of The Bank - "Banking Services Are At Your Side" - Conveys The Entire Philosophy Of The Bank - Strives To Be As Close As Possible To Customers And Their Daily Needs. Throughout Its Activities, The Bank Has Contributed To The Establishment And Expansion Of Retail Business In Azerbaijan.
"Bank Of Baku" Was A Pioneer In Introducing Many Banking Products And Services To The Local Market As Well As In Applying The Latest Overseas Banking Experience. It Was "Bank Of Baku" That Pioneered The Issuance Of Local Credit Cards, Allowed Its Holders To Pay In Installments, Began Issuing Consumer Loans Through Simplified Procedures, Established A Club For Its Loyal Customers, And Developed Many Other Novelties. Through All These Operations, "Bank Of Baku" Greatly Simplified The Process Of Access To Banking Products And Services For Ordinary People.
In The 1990s, Which Is Not Far Away Today, Settlements In Almost All Parts Of Azerbaijan Were Conducted In Cash. Due To The Lack Of Infrastructure For Non-cash Settlements, The Path For Banks To Provide Loans To Ordinary Consumers Was Fraught With Complexities And Obstacles. " Baku Bank "was One Of The First Banks To Start Issuing Credit Cards To A Large Number Of Consumers. Non-cash Settlement Was The Priority Direction Of The Bank, And" Baku Bank "became A" Pathfinder "in The Field. In The Autumn Of 2011," Baku Bank "launched The First Large-scale" Card Project "in Azerbaijan Called Bolkart For A Large Number Of Ordinary Consumers. Now, Hundreds Of Thousands Of People Use Credit Cards Issued By" Baku Bank ".
Non-cash Settlement Using Plastic Cards Of" Baku Bank "- A Recognized Achievement Of The Bank. The Regulator Of The Local Banking Industry - The Central Bank Of The Republic Of Azerbaijan - Has Awarded" Baku Bank "the First Place In The Category Of Non-cash Settlement On Several Occasions.
