Bank of Baku, established in 1994, is one of Azerbaijan's prominent private commercial banks. It offers a wide range of banking services to individuals, small and medium-sized enterprises (SMEs), and corporate clients. These services include consumer and business loans, deposits, payment cards, money transfers, online banking, and trade finance. The bank is recognized for its strong retail banking focus and commitment to customer service, continuously striving to innovate and expand its offerings within the dynamic Azerbaijani financial market. Bank of Baku operates through an extensive network of branches strategically located across Baku and other key regions of Azerbaijan, ensuring accessibility for its diverse clientele.
Serves as the central administrative and operational hub, overseeing strategic planning, corporate governance, risk management, financial control, and core banking operations for all its branches and digital channels.
A modern banking facility designed to support extensive operations and provide a professional environment for employees and visiting clients. It likely incorporates contemporary office design and security systems appropriate for a financial institution's head office.
Bank of Baku fosters a professional, dynamic, and customer-centric work environment. Emphasis is placed on ethical conduct, innovation in financial services, teamwork, and continuous employee development to meet the evolving needs of the banking sector.
The headquarters is central to Bank of Baku's national operations, symbolizing its stability and significant presence in Azerbaijan's financial landscape. It acts as the command center for its branch network and the development of banking products and services.
While Bank of Baku's primary operational focus is within Azerbaijan, it maintains a global reach through an established network of correspondent banking relationships with major international financial institutions. This network facilitates essential international banking services for its clients, including cross-border payments, trade finance operations (letters of credit, guarantees), and foreign currency transactions, effectively connecting Azerbaijani businesses and individuals to the global economy.
Atatürk pr., 192
Baku
Baku
Azerbaijan
Address: Fətəli Xan Xoyski pr. 83C, Bakı, AZ1072 (Gənclik Filialı)
To serve the local community and businesses in a key commercial and residential district of Baku, enhancing accessibility to financial services.
Address: Dilarə Əliyeva küç. 237, Bakı, AZ1010 (28 May Filialı)
Catering to the diverse banking needs of individuals and businesses located near the major transport hub and bustling commercial area around 28 May Square.
Address: Sülh küçəsi, 10-cu mkr., Sumqayıt AZ5000 (Sumqayıt filialı)
To support the economic activities and personal banking needs of the population in Sumgayit, contributing to regional development.
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As of April 2025, Bank of Baku OJSC' leadership includes:
Bank of Baku OJSC has been backed by several prominent investors over the years, including:
Based on publicly available information, there have been no major C-level executive hires or departures announced by Bank of Baku in the last 12 months, suggesting stability in its top leadership team. Minor changes or internal promotions below the main board level may not always be widely publicized.
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Bank of Baku likely uses standardized professional email formats for its employees. Common patterns in Azerbaijani corporations include variations of [firstinitial][lastname]@[domain] or [firstname].[lastname]@[domain]. For general inquiries, specific departmental emails or a central contact address are usually provided on their official website.
[first_initial][lastname]@bankofbaku.com
Format
aibrahimov@bankofbaku.com (Hypothetical example for Abbas Ibrahimov)
Example
70%
Success rate
Azernews • February 20, 2024
Bank of Baku concluded 2023 with a net profit of 20.4 million manats ($12 million), marking a significant increase from the 2.8 million manats ($1.6 million) profit reported in 2022. The bank's assets also grew by 6.4 percent, reaching 763.9 million manats ($449.3 million)....more
ABC.AZ • October 24, 2023
As of October 1, 2023, Bank of Baku's loan portfolio amounted to AZN 520.9 million. This represents a AZN 38.6 million or 8% increase compared to the beginning of the year and a AZN 89.1 million or 20.6% rise year-on-year, indicating strong lending activity....more
Trend News Agency • July 25, 2023
Bank of Baku's net profit amounted to 7.8 million manat ($4.5 million) in the first half of 2023, which is a 3.4 times increase year-on-year. The bank's interest income also rose significantly during this period....more
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