Muganbank declares deposit campaign

Muganbank OJSC holds a profitable campaign for the contributions of “Advance” and “to demand” in dollars. During the campaign period, customers have the opportunity to post an advance deposit with a minimum amount of 1,000 US dollars for a period of 12 months at a rate of 2.5 percent of annual and deposit “to demand” with the minimum amount of $ 500 for a period of more than 1 month at a rate of 2, 5 percent per annum. Interest on the deposits “advance” will be paid at the beginning of the term, and interest on the deposits “to demand” will be paid monthly. The campaign will last until December 30th.

Muganbank OJSC is one of the famous financial institutions of the Azerbaijani financial banking sector – began its activities 19992. To date, 23 branches and 10 branches of Muganbank OJSC in Azerbaijan and the Bank’s representative office in Moscow provide customer-based services for all types of bank products. OJSC “Monganbank” 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).