MuganBank

MuganBank, one of the leading banks of Azerbaijan for more than 22 years, provides individuals and corporate customers with innovative products. MuganBank is one of the leaders in servicing the SME segment of the economy, and holds a growing retail portfolio as well. Besides a network of 41 branches and 7 sub-branches operating nationwide, MuganBank also maintains a representative office in Moscow. MuganBank cooperates with a number of international financial institutions, including the US Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), World Business Capital, Inc. (WBC), Overseas Private Investment Corporation (OPIC), Islamic Corporation for the Development of the Private Sector (ICD). Over the last 5 years MuganBank has maintained its position in the Top 15 banks operating in Azerbaijan and holds a 'B-' rating with a Positive Outlook from Standard & Poor's.