Mugan Bank

Since 1992 "MuganBank" is aimed to take an active role in an economical develpoment of the country, to provide vast population with all kinds of bank services and to become one of the important financial instutitions in banking area. During 15 years of existence bank has always kept the developing way, got firmly established in Azerbaijan banking system and bank services have increased from the point of view of quality and quantity.

2007 was a mentionable year in bank's history with some changes in "MuganBank"s structure and with openings of new branches and departments.

"MUGANBANK" OJSC was established in 1992. The main issues of the Bank from its establishing were active participation in the development of the economy of the country, rendering all types of bank services to the broad circle of the population and together with this yearning for to be one of the advanced financial institutions in a bank system. During 15 years, passing from the day of its establishing, the bank held the policy of stable development, and during these years became stronger in the Azerbaijan Bank system, services became better as quantitatively, as well as qualitatively.

"MUGANBANK" OJSC is the participant of bank system of Azerbaijan, being one of the basis for its stability and reliability.

Bank's mission - in order to meet the requirements of all clients as private, corporative and state clients with bank services with high quality and rehabilitee to establish highly-motivated staff and as a result provide dynamic growth of profitability and the investment value of the Bank.

Bank's slogan is to be "theirs own" to private depositors, respectable in corporative Client’s eyes, support and assistance for state, to be recognized in international standard.

Bank's strategy – is to become financial holding with foreign investments carrying out all kinds of banking services to clients together with its financial institutions.

At the present, it can be declared in all responsibilities that at the result of carried out purposefulness strategies and plans, "MUGANBANK" OJSC became one of the well- known banks both in Azerbaijan and in all foreign countries.

"MUGANBANK" OJSC presents the following bank services to 2500 legal and 14500 neutral persons:

• Receiving free funds from population as deposit;
  
• Submitting the client’s deposits cases;
  
• Operations with plastic cards;
  
• Rendering all types of currency operations;
  
• Funds transferring to all countries of the world;
  
• Submitting credits (consumer, import- export operations, auto, extending business and manufacture, construction, education, trade, agriculture, etc.).