Muganbank Azerbaijan

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Key details

Parent: assets

Overview

Muganbank Azerbaijan is Azerbaijani commercial bank + one of Azerbaijan's mid-sized commercial banks by assets + founded Aug 24 1992 in Baku Azerbaijan as Mughan Joint Stock Bank ^{1, Azerbaijan report}.

History

Aug 24 1992 — Mughan Joint Stock Bank founded in Baku Azerbaijan post-Azerbaijani independence distinctive Azerbaijani banking heritage.

2014 — Muganbank Mobile banking app launch.

Ownership & operator

Operating entity: Muganbank OJSC (Azerbaijani commercial bank).

Major shareholders: Azerbaijani retail + institutional + foreign investors.

Regulators: Central Bank of Azerbaijan CBA.

Technical integration

Muganbank Mobile app (iOS + Android) + muganbank.az online + Muganbank branch network across Azerbaijan + Muganbank Visa + Mastercard cards; EMVCo QRCPS QR payments + Azerbaijani Manat AZN domestic transfers.

Implementations & partners

Major Azerbaijani banking + payments competitors: Kapital Bank Azerbaijan + Birbank (Kapital Bank OJSC; Azerbaijani commercial bank) + Pasha Bank (Azerbaijan) (Pasha Bank OJSC; Azerbaijani commercial bank; PASHA Holding Aliyev family Azerbaijan ruling family parent ~100%+ controlling) + Xalq Bank Azerbaijan (Xalq Bank Azerbaijan; Azerbaijani commercial bank) + Yapı Kredi Bank Azerbaijan (Yapı Kredi Azerbaijan; Yapı Kredi Bankası Turkish parent BIST: YKBNK Azerbaijani subsidiary).

Regulators: Central Bank of Azerbaijan CBA.

Status

Active, Azerbaijani commercial bank + one of Azerbaijan's mid-sized commercial banks by assets + founded Aug 24 1992 in Baku Azerbaijan as Mughan Joint Stock Bank ^{1, 2}.

Sources

1 Muganbank — official
2 Muganbank — Wikipedia
^{Azerbaijan report} In-corpus: reports/countries/AZ-azerbaijan.md

Source

Biography extracted from muganbank.md. See matrix.md for standards-support matrix if present.