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 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 “25%+1 share” stock of Bank Respublika since April 28, 2005.
The fact that Bank Respublika’s shareholders include Germany’s largest financial institutions, on one hand, evidences the international confidence in the Bank, and, on the other hand, creates a whole world of new opportunities for the Bank’s further development.
An important aspect of the Bank’s activity is active participation in various associations. Bank Respublika is a member of the Board of the Azerbaijan Bank Association, National Confederation of Entrepreneurs of Azerbaijan, American Chamber of Commerce in Azerbaijan (AmCham), German-Azeri Economic Cooperation Foundation (DAWF), etc.
Bank Respublika is the only bank in Azerbaijan that provides all-day uninterrupted service to individual customers seven days a week under the Ofis24 project, which clearly evidences the Bank’s special attention and care for its clients.
Another sign of the Bank’s successful operation is the dynamic growth of financial performance indicators. As of January 1, 2015, the Bank’s total capital exceeded AZN 67,4 mln. and total assets reached AZN 509.7 mln.
Thus, being one of Azerbaijan’s leading banks, Bank Respublika further strengthens its positions on the country’s bank market.
The Bank's mission
