AtaBank

AtaBank
Open Joint-Stock Company
Industry Banking
Founded 1993
Headquarters Baku, Azerbaijan
Area served
Azerbaijan
Key people
Ashraf Kamilov, Chairman of the Supervisory Board
Iltifat Agayev, Chairman of the Executive Board
Products Financial Services
Website www.atabank.com

AtaBank is one of the largest commercial banks in Azerbaijan established in 1993.[1] It is a subsidiary of ATA Holding.[2] The bank opened its first branch out of the capital city in Khachmaz in 2003. Currently, it has 19 branches and 2 divisions across the country. The financial reports of AtaBank are audited by the Deloitte.

In 2014, the bank opened new locations in Naftalan, Azerbaijan and Gyanja, Azerbaijan. The Gyanja location is housed inside a local hospital.[2]

In 2013, the bank's net profit was 5.6 million AZN. Return on capital for 2013 was calculated at 19.4 percent.[2]

See also

References

  1. AtaBank official web page
  2. 1 2 3 "Company Overview of AtaBank OJSC". Businessweek. Bloomberg. Retrieved 19 November 2014.

External links



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