The world-famous financial
magazine Global Finance has identified the list of the most reliable and secure
banks in 110 countries for 2019. According to the results of an exclusive survey,
Kapital Bank is named "The Safest Bank in Azerbaijan for 2019”.
Banks were selected through an evaluation of
long-term foreign currency ratings – from Moody’s, Standard & Poor’s and
Fitch – and the total assets of the largest banks worldwide. About 1,000 of the
world's major banks from Western, Central and Eastern Europe, North America,
Latin America, the Middle East, Asia, Australia and Africa participated in the
assessment, and only 50 banks received the title of "The Safest Bank”.
For more than 20 years, Global
Finance magazine has been selecting the best representatives of the banking
sector in emerging markets. The winner selection criteria are derived by
assessing asset growth, profitability, strategic relationships, customer
service quality, the presence of regulations in the banking industry, and
consideration of each country's specific risks and resources. The main purpose
of the list is to identify the safest banks in the countries and help financial
institutions in finding the best partners for further cooperation.
It should be noted that
Kapital Bank was awarded the "Best Trade Finance Providers” by Global Finance
magazine at the beginning of this year.
Kapital Bank, having the
biggest branch network in Azerbaijan, is at the service of customers with 100
branches and 13 departments. For more detailed information about the Bank’s
products and services, please refer to www.kapitalbank.az website, 196
Call Centre or the Bank’s various social network pages.www.anews.az