The FINANCIAL — According to APA-Economics, Azerbaijan-based Bank Standard plans to invite foreign experts and advisors withi9n two months for risk management, said Javid Guliyev, Chief of the Board of the Bank.
According to him, the bank will focus deep attention on the risk management in 2008.
As of January 1, 2008, Bank Standard’s assets stood at AZN 608.6 million, loan portfolio at AZN 406.7 million, deposit portfolio at AZN 258 million, aggregate capital at AZN 72.8 million and authorized capital at AZN 50 million.
Bank Standard, owned by AB Standard, has been in operation since 1995.
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