Kapital Bank recognized with two prestigious international awards in retail banking

Kapital Bank, the country’s first bank, has once again affirmed its leadership in the retail banking market by winning the titles of Best Credit Card Service Provider Azerbaijan 2024 and Best Retail Bank Azerbaijan 2024 at the World Economic Magazine 2024 Awards. 

As the recipient of the "Best Retail Bank Azerbaijan 2024” award, Kapital Bank stands out with the country’s largest branch and partner network, demonstrating its leadership through key market indicators. The bank known for its innovative products and sustainable financial solutions, currently boasts a cash loan portfolio of AZN 2.19 billion and a credit card portfolio of approximately AZN 688.03 million.

At the same time, the bank won  the "Best Credit Card Service Provider Azerbaijan 2024” award with the launch of its Birbank Star card in October this year. Introduced under the slogan "With Birbank Star, you can” the card is a revolutionary financial product offering a simple and convenient alternative to traditional credit card terms.. Customers can obtain Birbank Star with a limit ranging from a minimum of AZN 500 to a maximum of AZN 30,000. Additionally, no fees or commissions are applied when withdrawing cash from other banks' ATMs or transferring funds to other bank cards The repayment terms are straightforward: the utilized amount must be returned to the card by the end of the month. In cases where repayment is delayed, a service fee of AZN 10 is applied for every AZN 500 used.

With a customer base exceeding 5 million, Kapital Bank continues to offer tailored solutions to meet diverse needs, positioning itself as a trusted financial partner for everyone. As the bank marks 2024 with a series of achievements, these awards further solidify its leading position in Azerbaijan’s financial sector.