The Azerbaijan State News Agency

® Kapital Bank successfully concludes its participation at SIBOS 2024

®  Kapital Bank successfully concludes its participation at SIBOS 2024

The country’s first bank, Kapital Bank has successfully concluded its participation at SIBOS 2024, the world’s premier financial services event, held in Beijing from October 21-24.

As a key player in the global financial landscape, SIBOS provided a platform for industry leaders to discuss the latest trends and innovations shaping the future of finance. Kapital Bank showcased its commitment to digital transformation and innovative solutions, highlighting its journey towards becoming a fully digital bank.

Led by Farid Huseynov, Chairman of the Board of Kapital Bank, the bank's delegation held strategic meetings with global financial giants to discuss international cooperation opportunities in the areas of digitalization and financial technologies. These meetings not only strengthened existing correspondent relationships but also explored new market opportunities.

In addition, Farid Huseynov participated in a series of interviews with international media, shedding light on bank’s digital transformation journey in our country, the latest innovations, and future development prospects.

Kapital Bank’s booth at SIBOS attracted hundreds of visitors who were eager to learn more about the bank’s operations, digital transformation initiatives, and innovative solutions. To showcase Azerbaijan’s rich cultural heritage, the bank presented visitors with unique gifts featuring national attributes.

SIBOS 2024 has been a significant milestone for Kapital Bank, fostering deeper integration into the global financial community, forging new partnerships, and promoting innovative solutions on the international stage. Participation in this global event aligns with the bank’s long-term strategy of driving the development of the global financial market.

Kapital Bank, the country's first bank, is part of PASHA Holding and has the largest service network in Azerbaijan, with 119 branches and 53 departments. For more detailed information about the bank’s products and services, please refer to the https://kapitalbank.az website, 196 Call Centre, or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk, for a Birbank card visit https://kbl.az/prcrc.

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