Azkreditbank one of the new participants in the banking system of Azerbaijan. Began operations in February 2006 as a universal bank.
The bank is lending and servicing small and medium-sized businesses, individuals and legal entities.
Azkreditbank to provide a wider range of services on remittances has signed a partnership agreement with international money transfer UNIStream. Thus, the new service, customers can take advantage of the Bank since June 25, said the bank. UNIStream is one of the fastest growing remittance systems for individuals around the world. The system UNIStream was organized by a commercial bank, Unistream, which started its operation as a department "Uniastrum Bank in 2001. Currently UNIStream represented more than 65,000 service stations, which are located in 90 countries around the world. The geography of the system is constantly expanding.
Azkreditbank money transfer systems Western Union, Contact, Express Mail, Caspian Money Transfer, Migom and LEADER, connected to the system of payment transfers for mobile communication Azercell, Bakcell and Azerfon. Also, the bank offers its customers the cost of utilities in connection with the connection to utilities: BakyElektrikShebeke, AeeriGaz, Azersu and AzerKanalizatsiya.
Azkreditbank is an active participant in the Baku Stock Exchange. At this time, connecting to a bank processing center AzeriKart, is a member of SWIFT.
In June 2007, JSC "AzKreditbank" was elected as a pilot organization for Azerbaijan Corporate Governance Project (ACGP), implemented by the International Finance Corporation (IFC) with financial support from SECO (the first grant of $ 2.1 million).
From 10 th August 2007 is a member of the Deposit Insurance Fund (FSV).
27 February 2008 Azkreditbank received a license from the international payment system MasterCard, for the issuance of plastic cards.
Since April 2008 Azkreditbank became an official member of the Azerbaijan Association of Micro-finance.