On the occasion of the International Children’s Day – June 1, OJSC Muganbank launched a new project “Children’s Savings Contribution”.
JSC suggests to start digging the future of the child with a minimum amount of 100 AZN to 18 years. The contribution will be posted for 36 months with an annual interest rate of 9% – in manat and 2.5% in US dollars. Within 30 months, the Bank’s client has the ability to increase its contribution monthly with the minimum amount of 100 AZN. Accrued interest are added to the principal amount once a year.
Placed contribution completely insured by the Deposit Insurance Fund.
Muganbank OJSC is one of the well-known financial institutions of the Azerbaijan Financial Banking Sector – the beginning of 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. JSC cooperates with international economic structures. Among the International Development Agency (USAID), European Bank for Reconstruction and Development (EBRD), International Financial Corporation (IFC), US Investment Fund – WorldBusinessCapital (WBC), private foreign investment corporation (OPIC), Islamic Private Sector Development Corporation (ICD ) and GGF.