Azer­bai­jan’s key banks pre­pare new re­tail pro­grammes

The Pak Banker - - Company& -

BAKU: Azer­bai­jan's lead­ing banks are re­view­ing their prac­tices in re­tail op­er­a­tions.

Do­mes­tic bank­ing mar­ket sources say that al­most all the ma­jor banks of Azer­bai­jan are plan­ning to im­prove their own re­tail op­er­a­tions.

"The main dam­age to them was the lack of sta­bil­ity of the client base only from the cor­po­rate sec­tor, which proved to be most af­fected by the cri­sis hit and po­lit­i­cal pres­sure.

In this re­gard, the lead­ing banks of Azer­bai­jan, hav­ing ex­ces­sive liq­uid­ity, are ready to de­velop more ac­tively re­tail op­er­a­tions.

All of them are pre­par­ing new re­tail pro­grams, in­clud­ing such non-stan­dard forms for the lo­cal mar­ket as cor­po­rate re­tail," a source said. -PB News

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