About Bank

Azerbaijan Industrial Bank JSC started its operations on September 28, 1996, based on license No. 241 of the Central Bank of the Republic of Azerbaijan.

Mission

  • To hold one of the leading positions in terms of service quality in the country's banking sector by providing high-quality services to customers.
  • To support the development of the country's economy and banking sector, play an active role in financing economic and industrial projects, and contribute to the sector's development through new banking products.
  • To operate as a reliable and stable bank, strengthening public trust through a balanced and sustainable development path.
  • To protect the interests of the state, shareholders and employees, ensure the implementation of goals set by shareholders, and provide appropriate taxes, dividends and salaries to the state, shareholders and employees in compliance with legislation.

Vision

  • Providing high-quality services to customers
  • Compliance with high standards
  • Formation of a reliable business reputation
  • Having a strong financial potential
  • Being a value-creating and profitable institution for shareholders
  • Taking a leading position among Azerbaijan's leading banks

Strategic View

  • Providing quality service to customers;
  • Playing an active role in the development of the country's economy by financing economic and industrial projects;
  • Supporting the development of the banking sector with new banking products;
  • Becoming a reliable and stable bank through stable and balanced development and increasing this trust;
  • Being a high-value and profitable bank for shareholders;
  • Maintaining a strong financial and liquidity position;
  • Developing steadily, increasing the trust of a reliable and liquid bank;
  • Ensuring customer satisfaction;
  • Having an efficient and flexible corporate governance and information technology system;
  • Strengthening positive image domestically and abroad, establishing healthy relations with the public, customers, and counterparties;
  • Becoming one of the country's leading banks.

Trusted partnership

International Business Partners

  • Western Union
  • KoronaPay
  • Mastercart
  • SWIFT
  • Visa
  • Intertech

Values

  • Responsibility

    Values: Compliance with laws; Ethics; Environmental protection; Responsibility

  • Justice

    Values: Fair competition; Justice and fairness; Ethics

  • Strategy

    Values: Vision for the future; Trust; Love and respect; Equality; Excellence

  • We believe that we reap what we sow

    Values: Activity; Quality; Organization; Cooperation

  • Knowledge and skills

    Values: Technological knowledge and skills; Agility; Team spirit

Correspondent Banks

ASB continuously works on expanding its network of correspondent accounts to provide high-quality settlement services to customers in various currencies. The structure of ASB's correspondent banking network allows the execution of different types of international settlements.

Privacy Information

If personal or business information is required to be recorded when using internet and mobile banking, this registration is carried out entirely by the user of their own free will. Personal identity information is recorded on your own initiative and with your consent. ASB guarantees that your e-mail address and personal information will never be used in mailing systems you have not subscribed to.

Information About the Auditor

The audit of the Bank's financial statements is carried out by the external auditor "Grant Thornton Azerbaijan".

Audit Report

History

  1. Capital Investment Bank was established on September 28, 1996

  2. Established” Azerbaijan Industrial Insurance " OJSC.He was a member of the Baku interbank currency exchange (BBVB).

  3. He participated in the establishment of the Baku Stock Exchange. He was a member of the Association of banks of Azerbaijan (ABA).

  4. Tse–ISO-en 9000 has received a quality mark in accordance with the conditions.

  5. Established” Azerbaijan Industrial Leasing " LLC.

  6. Participated in the establishment of National Card LLC. The authorized credit Organization of the National Fund for entrepreneurship support of the Ministry of economy was elected. The Bank introduced its first ATM and plastic cards. Participated in establishment of” International Bank of Azerbaijan - Georgia " OJSC. As ASB Bank provides all types of banking services and products to legal and private clients.

  7. He was a member of the State Service for management of agricultural projects and loans under the Ministry of Agriculture of the Republic of Azerbaijan. He became a member of the Deposit Insurance Fund.

  8. He was awarded the” emerging Bank of the Year " award.

  9. He was a member of”Azerbaijan Association of Risk Professionals " (ARPA).

  10. Bloomberg was connected to the operating system and began to conduct currency transactions through this system.

  11. The first installment card of Azerbaijan “Extra Card” was presented to the public. “Baku Card” plastic Card product of the bank has been named “innovative product of the year” by “Master Card”. 137 data centers have started to operate

  12. A new accountability system has been put into operation to expand control and analysis capabilities. He was awarded the second place by the central Bank in the nomination “the leading bank on non-cash payments” in the country.

  13. A project team has been set up to update the bank's software and introduce mobile and internet banking.

  14. The Bank has switched to a new - intervention software.

  15. ” Western Union " has started cooperation with the express money transfer system. ” Super Extra " presented the card product to customers. It entered the top five among banks in the nomination" leading bank on non-cash payments".

  16. Our bank was awarded “STP Quality Award 2018” by RBI Vienna. The award was given by the Entrepreneurship Development Fund.

  17. Azerbaijan Banks Association, Raiffeisen Bank International and Mastercard International were awarded nominations in different categories for their activities in 2023.

Interbank Business

Full name“ASB” Açıq Səhmdar Cəmiyyəti
Short name“ASB” ASC
AddressAZƏRBAYCAN, BAKI ŞƏHƏRİ, AZ1045, SURAXANI RAYONU, HÖVSAN SÜDÇÜLÜK SOVXOZU, “XƏYAL ADASI” YAŞAYIŞ KOMPLEKSİ
SWIFT BICCAPNAZ22
Phone(+994 12) 493 49 49
Websitewww.asb.az
Emailinfo@asb.az

Azerbaijan Industrial Bank

Address

Azərbaycan, Bakı şəhəri, AZ1045, Suraxanı rayonu, Hövsan Südçülük Sovxozu, “Xəyal Adası” yaşayış kompleksi.

Working Hours

Mon-Fri

Park Bulvar Branchevery day 10:15 - 21:30