“Amrahbank Selected as Platinum Sponsor at the Investment Conference and Business Opportunities in Azerbaijan

The Islamic Development Bank Group organised its Annual Meeting in Baku from the 20th to 24th of June 2010.
At this occasion an international “Investment Conference and Business Opportunities in Azerbaijan and other CIS countries” was held under the patronage of the Islamic Development Bank Group and the Minister of Economic Development of the Republic of Azerbaijan, with the strategic support of the Islamic Corporation for the Development of the Private Sector and THIQAH IDB Group Business Forum.
The Conference was also supported by, the Azerbaijan Export and Investment Promotion Commission (Azpromo) and the Azerbaijan Investment Company (AIC).
The Conference gathered major international investors from the Africa, Europe, the Middle-East and Asia that came to Baku to discover investment opportunities in the CIS countries.
Amrah Bank was the Platinum Sponsor of the Investment Conference, and its Chief Executive Officer Mr Emil Mammadov provided a presentation on Amrahbank to the guests of the business forum.
Established in 1993, Amrahbank is one of the oldest and leading commercial banks of Azerbaijan. It offers a wide range of retail and corporate banking products. Amrahbank has one of the largest branch networks and customer base in Azerbaijan. Recent strategic partnership with the Bahrain based International Investment Bank (through a 49% shareholding) has played a major role in further developing many areas of Amrahbank including corporate governance, international cooperation and quality of product and services. Amrahbank is actively involved in establishing partnerships with major international financial institutions and investment companies. Key strategic plans of Amrahbank include offering Shariah compliant financial products in order to benefit from the untapped Islamic banking market both in Azerbaijan and the neighbouring regions.
The Event was a great success that paved the way for future international investments in the CIS region.