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During one year “Bank of Baku”’s deposit portfolio grows by 50%

24 April 2013

In comparison with the same period of the last year, the deposit portfolio of “Bank of Baku” grew by 50%. 50% in deposits volume become possible due to a variety of deposits related benefits programs offered to the customers of the Bank. The amount of the deposit portfolio of the Bank now exceeds AZN 300 mln. Such a dynamic increase demonstrates that “Bank of Baku” being a leading consumer lending institution in Azerbaijan, has also managed to gain significant achievement in the field of attraction of deposits from its customers to the Bank.

And there exist grounds to assume that shortly “Bank of Baku” will be in a position to gain even more success in attracting new deposits into the Bank. Thus, last month, for the first time in Azerbaijan, “Bank of Baku” launched “Savings Club”. Each member of the “Savings Club” will have an opportunity to enjoy various bonus interests, loans with special terms, free SMS and Internet banking services and other privileged services. Any customer with the savings history of at least 12 months and any new customer opening a deposit for at least 12 months (as soon as their term of savings history reaches 12 months) become members of the Club.

Nowadays, many customers approach branches of “Bank of Baku” willing to become members of the “Savings Club” and open new deposits in the Bank. Deposits are one of the most popular products of the Bank among the customers.

You can get more details on the “Savings Club” from the following link:

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