AccessBank won the award for "Best Bank in Azerbaijan" at the annual Euromoney "Awards for Excellence".
Baku, Finance Time. AccessBank won the award for "Best Bank in Azerbaijan" at the annual Euromoney "Awards for Excellence" in Londonon July 11th, 2013. The Bank has received this award for the fourth consecutive year.
The Euromoney awards are among the most prestigious in the financial world and are given to leading banks and financial institutions in more than 100 countries. The awards are given on the basis of the bank’s results, taking into account input derived from surveys of international correspondent banks, renowned financiers and bankers.
General Manager of AccessBank Michael Hoffmann welcomed the award. "We are very pleased to be selected by Euromoney as the Best Bank of Azerbaijan for the fourth consecutive year - this was earned through the hard work and dedication of each member of AccessBank's staff."
The Euromoney group comprises of approximately 100 different companies specializing in finance and banking. The group publishes the monthly magazine, "Euromoney", which laid the foundation for the company in 1969.
AccessBank was established to provide access to financial services for Azerbaijan's micro and small businesses and low and middle income households. AccessBank is recognized as the most reliable bank in Azerbaijan by Fitch International Ratings ('BB+ Outlook Stable'), and as "The Best Bank in Azerbaijan" by Global Finance (2011, 2013) as well as "The Bank of the Year" in Azerbaijan by The Banker (2011, 2012, 2015) in their annual awards. The Bank was founded in 2002 by BSTDB, EBRD, IFC, KfW and the German consulting company LFS Financial Systems (LFS). The Bank operates through 37 branches across Azerbaijan and employs 1,565 staff.