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ExpressBank ASC (Azerbaijan)

Main Activities: Commercial Banking
Full name: ExpressBank OJSC Profile Updated: October 30, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Russian Download a sample report

Expressbank OJSC was formed on 21 June 1992 as Azernagliyyatbank Commercial Bank and operates under the laws of the Republic of Azerbaijan. On 11 March 2005 the legal structure of the Bank was changed to Open Joint Stock Company. The Bank changed its name from Open Joint Stock Commercial Bank “Azernagliyyatbank” to Open Joint Stock Company “Expressbank” on 4 March 2011. The Bank operates under banking license number 119 issued by the Central Bank of the Republic of Azerbaijan (the “CBAR”) on 30 December 1992.
The Bank accepts deposits from the public and extends credit, transfers payments in Azerbaijan and abroad, exchanges currencies and provides other banking services to its commercial and retail customers. Its main office is in Baku, Azerbaijan.

Headquarters
Ataturk Ave. 134C Y.Chamanzaminli Str
Baku; Absheron; Postal Code: AZ1130

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Website: http://www.expressbank.az

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
1992
Key Executives
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Chairman
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Chief Financial Officer
Ownership Details
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40%
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17.69%
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16%
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8%
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0.31%
Company Performance
Financial values in the chart are available after ExpressBank ASC report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency AZN. Absolute financial data is included in the purchased report.
Net interest income
19.14%
Operating profit (EBIT)
-3.66%
Net Profit (Loss) for the Period
-4.79%
Total assets
28.77%
Total equity
1.27%
Total Assets Trend
3.82%
Net Interest Income Trend
10.5%
Loans to Deposits Ratio
16%
Loans to Asset Ratio
4.93%

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