PRESS RELEASE: Micro Finance Bank of Azerbaijan Offers Safe Deposit Boxes

Source: Micro Finance Bank of Azerbaijan (MFBA).

Original press release available here.

BAKU, AZERBAIJAN, April 10 – MFBA has begun leasing safe deposit boxes to interested individuals and companies. The boxes are located in specially equipped premises of the banks and are protected with up-to-date security systems. This service will include two sizes of boxes and will allow customers to safely stow currency, valuables, and important documents against risks of theft or damage.

MFBA General Manager, Andrew Pospielovsky, said, “MFBA is now offering safe deposit boxes as another effort to meet the evolving needs and demands of our clients. Using state of the art security systems, we are able to offer piece of mind to our clients, who have come to expect a wide array of top quality services from MFBA. This service also marks another important step towards our goal of becoming a full service European-style bank.”

The Micro Finance Bank of Azerbaijan is 100 percent foreign owned by six shareholders: the European Bank of Reconstruction and Development, the International Finance Corporation, the Black Sea Trade and Development Bank, KfW Development Bank – the Development Bank of the German Government, and LFS Financial Systems GmbH – a German consulting company, and AccessHolding – a strategic investor in microfinance. Participation of such international organizations in the activity of the bank strengthens our customers’ trust and confidence in the bank.

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