Kapital Bank participated in a conference on “Economic Reforms”

On March 29, 2019, Kapital Bank participated in the international conference “Economic Reforms: Development and Diversification of Entrepreneurship” jointly organized by the Center for Analysis of Economic Reforms and Communication (CAERC) and the Organization for Economic Cooperation and Development (OECD).

Executive Director of the Center for Analysis of Economic Reforms and Communication Mr. Vusal Gasimli, Head of the Eurasian division of the OECD Global Relations Secretariat Mr. William Thomson, Chairman of the State Customs Committee Mr. Safar Mehdiyev, Deputy Minister of Economy Mr. Sahib Mammadov, Deputy Minister of Labour and Social Protection Mr. Anar Aliyev, Deputy Minister of Agriculture Ms. Ilhama Gadimova and Chief Corporate Sales Officer of Kapital Bank Mr. Farid Hidayatzada made speeches on the topic during the event. The portal of the Center for Analysis of Economic Reforms and Communication www.EnterpriseAzerbaijan.com was also introduced at the international conference.

“As a result of the purposeful work carried out by state agencies in recent years, the official turnover of entrepreneurs is growing, as well as financial accessibility is simplifying. Along with large corporate clients, small and medium-sized entrepreneurs, who play an important role in the country's economy, are one of the priority areas for banks. We, as Kapital Bank, closely monitor this process and contribute to its development. We have provided our customers with a number of new products for the development of small and medium-sized businesses," – said Chief Corporate Sales Officer of Kapital Bank Mr. Farid Hidayatzada.

It should be noted that Kapital Bank attaches great importance to the development and financing of small and medium-sized businesses. New products such as factoring, guarantee, letters of credit, as well as financing from the own fund of the Bank or special funds are available to the customers. The rapid analysis process, the lack of collateral required in most cases and the low interest rates indicate that Kapital Bank offers the most favorable terms on the market.

Kapital Bank, having the biggest branch network in Azerbaijan, is at the service of customers with 99 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.