Neha Patil (Editor)

AtaBank

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Industry
  
Banking

Products
  
Financial Services

Headquarters
  
Baku

Type of business
  
Open Joint-Stock Company

Area served
  
Azerbaijan

Website
  
www.atabank.com

Founded
  
1993


Key people
  
Ashraf Kamilov, Chairman of the Supervisory Board Iltifat Agayev, Chairman of the Executive Board

AtaBank is one of the largest commercial banks in Azerbaijan established in 1993. It is a subsidiary of ATA Holding. The bank opened its first branch out of the capital city in Khachmaz in 2003. Currently, it has 19 branches and 2 divisions across the country. The financial reports of AtaBank are audited by the Deloitte.

In 2014, the bank opened new locations in Naftalan, Azerbaijan and Gyanja, Azerbaijan. The Gyanja location is housed inside a local hospital.

In 2013, the bank's net profit was 5.6 million AZN. Return on capital for 2013 was calculated at 19.4 percent.

References

AtaBank Wikipedia