Xalq Bank Azerbaijan

Key details

• Parent: assets

Overview

Xalq Bank Azerbaijan is Azerbaijani commercial bank + one of Azerbaijan's largest commercial banks by assets + founded Mar 22 2004 in Baku Azerbaijan as Xalq Bank Joint Stock Commercial Bank [1, az-cro].

History

Mar 22 2004 — Xalq Bank ASC founded in Baku Azerbaijan as Xalq Bank Joint Stock Commercial Bank distinctive Azerbaijani banking heritage.

2014 — Xalq Mobile banking app launch.

Ownership & operator

Operating entity: Xalq Bank ASC (Azerbaijani commercial bank).

Major shareholders: Azerbaijani retail + institutional + foreign investors.

Regulators: Central Bank of Azerbaijan CBA.

Technical integration

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

Implementations & partners

Major Azerbaijani banking + payments competitors: [[kapital-bank-az]] (Kapital Bank OJSC; Azerbaijani commercial bank) + [[pasha-bank]] (Pasha Bank OJSC; Azerbaijani commercial bank; PASHA Holding Aliyev family Azerbaijan ruling family parent ~100%+ controlling) + [[muganbank]] (Muganbank Azerbaijan; Azerbaijani commercial bank) + [[yapi-kredi-az]] (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 largest commercial banks by assets + founded Mar 22 2004 in Baku Azerbaijan as Xalq Bank Joint Stock Commercial Bank [1, 2].

Sources

• 1 Xalq — official
• 2 Xalq — Wikipedia
• az-cro In-corpus: reports/countries/AZ-azerbaijan.md

Source

Biography extracted from xalq-bank-az.md. See matrix.md for standards-support matrix if present.