During the period of foundation of the independency of Azerbaijan, there was founded the bank "Ruzu" in order to raise the welfare of people. The Commercial Bank "Ruzu" established on December 17, 1992 passed the state registration as the Joint-Stock Commercial bank by the National Bank of Azerbaijan with the documents No: 25 and since December 30, 1992 is carrying out the bank operations according to the license No: 112.
The Commercial bank "Ruzu" being benefited by the independency of Azerbaijan, changing its name and the organizational-legal form from January 24, 2002 extended its activity in the bank sector as the Commercial bank "NBCBank".
In the rapid extending world economy, Azerbaijan economy sectors occupies an important place. In the field of bank, as in all sectors the growth is inevitable. For this purpose, the Commercial Bank "NBCBank", upon making corresponding change in its organizational-legal form on 7 April 2005, with the purpose of establishing its activity in more wide sector and to conform it to the requirements of the effective legislation transformed to the Open Joint-Stock Company.
Presently, the foreign audit of the Open Joint-Stock Company "NBCBank" is carried out by the international Audit Company "Delloitte & Touche " LTD, known sufficiently both in their republic and abroad.
From the first day of the creation, OJSC "NBC Bank ", being the universal credit organization, has established attitudes with the clients, being based on principles of equal rights cooperation, mutual support and full confidence.
Being one of the constantly developing banks of Azerbaijan, OJSC "NBC Bank" differs from other banks with its high standard of service, a reasonable tariff policy, being stimulating force for business. OJSC "NBC Bank" takes strong positions in bank sector, and today has a network of foreign correspondent and local branches which allow it to execute all requirements of clients on the most effective method.
Applying last achievements of technology "NBC Bank" is in a condition to provide the clients with fast and qualitative services. Today OJSC "NBC Bank" offers the clients cash services, exchange and all kinds of the documentary transaction (the letter of credit of the account, savings, bank guarantees, etc.), crediting, services of savings, plastic cards, services of banker's checks, consulting services, actions with securities and a wide range of some other services. The bank also successfully continues its activity in a direction of attraction and accommodation of money resources in the interbank credit market. "NBC Bank" involves clients with such qualities, as operative, individual approach, the reasonable tariff and convenient accommodation. Strategy of expansion of a network of branches serves this purpose. "NBC Bank", having authorized capital in the sum of 10,649 million AZN, now owns the cumulative capital equal to 11,318 million AZN.
Mission of "NBC Bank" consists in development of attitudes with clients, help to fine and average business, maintenance of economy with bank products and services of the international quality, protection of human resources.
Business-plan of OJSC "NBC Bank" includes in itself financing of all sectors of Azerbaijan. From this point of view the Bank pays attention to attitudes with the international financial structures and institutes by means of active communications. Today "NBC Bank" has correspondent attitudes with "VTB", "AkBank", "Raiffesien ZentralBank Osterreich", "AIZKRAUKLES BANKA" and " BANK AUSTRIA CREDITANSALT". "NBC Bank" continues to establish the mutual attitudes with clients on principles of long-term, useful cooperation.
"NBC bank" in the future will remain the trustworthy partner and the reliable friend for its clients!
To be devoted towards the mission:
Respect to the honour and dignity of a person: