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Bank Respublika started its operations on May 22, 1992 based on a license issued by the National Bank of Azerbaijan Republic and has become one of Azerbaijan’s leading banks over that period.
The main strategic goals of Bank Respublika for the next 3 years are small and medium-sized businesses, as well as maintaining the position of a leading bank in the field of microfinance.
The Bank’s shareholders include 2 largest financial institutions of Germany: Investment Company DEG, a member of KfW banking group, and Sparkassen International Development Trust, a member of financial group Sparkassen-Finanzgruppe, which have owned a “20,7%” stock of Bank Respublika since April 28, 2005.
Bank Respublika builds relations with clients based on the principle of being as helpful and useful to clients as possible, which is reflected both in the Bank’s slogan – “Sizə faydalı” (Beneficial to You), and in specific actions and services. One of the main tasks is to continually improve the quality of customer service, expand the range of services and optimize their terms and conditions.
The Bank’s clientele includes a great number of companies and institutions from different economic sectors, such as industry, telecommunications, transport, construction, agriculture, trade and services. The Bank’s services are also used by tens of thousands of individual clients.
Bank Respublika closely cooperates with international and foreign financial institutions primarily aiming at implementing different enterprise and trade finance lending programs. Overall, under these programs Bank Respublika acquired lines of credit for over USD 200 mln, which enhanced the Bank’s capabilities for providing clients with long-term business loans and trade finance services on more favorable terms.

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