Muganbank JSC joined the Memorandum on cooperation between the Ministry of Labor and Social Protection of the Population, the Central Bank and the Association of Azerbaijan’s banks to assist in organizing the self-employment of vulnerable groups of the population.
So, Muganbank continues to provide free tools and equipment to low-income families with special social protection needs. Among the following 10 citizens who are supported, entrepreneurs managed shopping shop, delivery service, designers, auto electricians and other activities.
OJSC Muganbank is one of the well-known financial institutions of the Azerbaijani financial banking sector – began its activities in 1992. To date, 24 branches and 10 branches of Muganbank OJSC in Azerbaijan and the Bank’s representative office in Moscow provide customers with high-quality services for all types of bank products. OJSC “Monganbank” cooperates with international economic structures. Among the United States Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC), US Investment Fund – WorldBusinessCapital (WBC), private foreign investment corporation (OPIC), Islamic United Private Sector Development Corporation ( ICD) and GGF.