ECONOMY
“BANK STANDARD” MARKS ITS JUBILEE WITH RECORD-BREAKING RESULTS
On the eve of its 10th anniversary, Bank Standard’s assets have hit a historic high of AZM 532 billion 486 million never seen in the private banking sector of Azerbaijan. Initially operated as a subsidiary of the Russian bank of the same name since 1995, “Most-Bank Azerbaijan” brought about some changes in its organization and composition of its shareholders in 1998. Since then, the Bank has operated independently.
The bank has changed its name to “Bank Standard” since 2004 and then, joined “AB Standard” Group of Companies. Bank Standard is totally based on the Azerbaijani capital.
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