In the framework of the Spring Campaign announced by the MUGANBank, the percentage of deposits increased even more. And so, by the contribution of “Mega”, customers can place a deposit for a period of 24 months under 11.5% per annum, receiving interest monthly.
Recall that Muganbank holds a profitable campaign by the contributions of “Advance” and “Mega” in manat. During the campaign period, customers have the opportunity to place an advance deposit with a minimum amount of 1,000 manat for a period of 12 months at a rate of 9 percent of annual and deposit “Mega” with a minimum amount of 1000 manat for a period of 12 months at a rate of 11 percent per annum.
Interest on the contributions of “advance” will be paid at the beginning of the term, and interest on the deposits “to demand” monthly. The campaign will last until April 31, 2022.
Muganbank OJSC is one of the famous financial institutions of the Azerbaijani Financial Banking Sector – began its activities 19992. To date, 22 branches and 10 branches of Muganbank in Azerbaijan and the Bank’s representation in Moscow provide customer-quality services for all types of bank products.
Muganbank cooperates with international economic structures. Among them, the United States Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) US Investment Fund -WorldBusinessCapital (WBC), private foreign investment corporation (OPIC) and the Islamic Private Sector Development Corporation (ICD). ThegreenForGrowthfund (GGF), European Foundation for Southeast Europe (EFSE) and the Round Table of Bankers Initiative “One Belt and One Way” (BRBR), initiated by the Industrial and Commercial Bank of China (ICBC).