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Organization: Expressbank
SWIFT AZENAZ22

Organization name
Open joint-stock company "Expressbank"
Country name
Azerbaijan
Country of registration
Azerbaijan
Industry
Banks
Bond debt
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Profile

"Expressbank" Open Joint Stock Company has been operating from 1989 to 2010 as "Azərnəqliyyatbank" Open Joint Stock Company. There were significant changes, including organizational structure taken place in 2008. In accordance with the decision of General Meeting of Shareholders and new strategy, "Azərnəqliyyatbank" Open Joint Stock Company proceeded to implementation of new brand policy. As a result of this process, bank was renamed to "Expressbank" Open Joint Stock Company and the bank passed state registration under new brand on 5 March 2010.There are 17 branches of the bank, including 5 of them in the regions, are operating over the country up to present. Shareholders of the bank are local legal persons.

Awards

News

16/10/2023 Fitch Ratings revised outlook on Expressbank to positive and affirmed at "B" (LT Int. Scale (foreign curr.)) credit rating
13/10/2023 Fitch Revises Expressbank's Outlook to Positive; Affirms at 'B' (Rating action commentary)
27/10/2022 Fitch Ratings affirms Expressbank at "B" (LT Int. Scale (foreign curr.) credit rating); outlook stable
26/04/2022 Fitch Ratings affirms Expressbank at "B" (LT Int. Scale (foreign curr.) credit rating); outlook stable
25/04/2022 Fitch Affirms Expressbank at 'B'; Outlook Stable (Rating action commentary)
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Codes

  • SWIFT
    AZENAZ22
  • ICB
    8,300 Banks

Credit and ESG Ratings

Macroeconomic Indicators - Expressbank

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