Elchin Shiraliyev

Yapi Kredi Bank Azerbaijan

Kocbank Azerbaijan has been carrying out its operation under the name "Yapı Kredi Bank Azerbaijan" CJSC as of the beginning of 2007. Modification of the bank`s name was subject to incorporation between the founder (Kocbank) and other partner bank (Yapı Kredi Bank). The principal reason of banks` incorporation in international arena was increase of market shares in the period of intense competition and improvement of possibilities offered to investors to invest in realization of large projects as well. Incorporation of Kocbank and Yapı Kredi Bank in the Turkish banking market in the course of globalization process was based on this factor. Product assortment offered by Yapı Kredi Bank (Azerbaijan) CJSC in the field of banking services will be upgraded agreeable to the legislation of the Azerbaijan Republic and occupy worthy place in the financial market with its large product assortment, technological innovations and preferences. To realize this target, the bank covers the below mentioned directions in its activity: a) To take an active part in international investment market; b) To meet needs of corporate and private customers; c) To apply international sources in a manner to meet the Azerbaijani market on financing projects; d) To establish much more customer service points through increasing number of departments; e) To take an active stand in the credit market of Azerbaijan complying with international risk management standards; More detailed: www.yapikredi.com.az