About bank

About Bank

Kapital Bank operates successfully as heir of Saving Bank of Azerbaijan. Currently, Kapital Bank is the largest financial institution in Azerbaijan. Kapital Bank serves more than 3 million individuals and more than 22,000 legal entities. At the same time, Kapital Bank closely participates in a number of state- owned social projects and implements a number of development programs of real sector.

Kapital Bank on May 3, 2018 in accordance with the legislation of the Republic of Azerbaijan became a 100% owner of the Limited Liability company "BirKart non-bank credit organization" ("subsidiary"). The purpose of the creation of BirKart NBCO LLC is to improve access to financial resources of the population, especially the sale of card products at accessible points for stimulating non-cash payments.

NBCO can issue secured and unsecured loans based on a license obtained from the financial markets regulator. Loans provided by NBCO can be secured by collateral of movable property and real estate, collateral deposit, guarantees and other legal provisions. Collateral deposit can be accepted only if the financial market authority has issued a license to NBCO. NBCO which has been licensed for the issuance of loans, can carry out the sale of debt obligations (factoring, forfeiting), leasing, promissory notes, issuance of guarantees. NBCO's attraction of deposits from legal entities and individuals is prohibited.

Strategic vision

Our Vision is becoming a financial partner of the first choice for our customers, providing a sustainable future and incorporating leading world trends.

Our mission

Our Mission is to increase the socio-economic welfare of our country through transparent financial partnership in every stage of your life.

Our values

Integrity – At the core of our business stands the unshakeable commitment to integrity. For us, it means doing what is right. Every time. All the time. Even when no one sees you. At the very basic level, it is about respecting the laws and regulations of the country we operate in. It is about upholding our company’s code of conduct even in the face of challenges. It means never sacrificing company interests for personal gains. It means being honest with ourselves, our colleagues, clients and partners and earning their trust.

Profitability – We generate profits for the benefit of our shareholders and the society at large. In fact, it is today’s profit that lays the foundation of the sustainable business and serves for maintaining the competitive edge. Our staff understand that value comes not only in every manat earned but also every manat saved. However, in the pursuit of short-term business goals we never lose sight of our long-term aspiration – to create and maintain a sustainable global business. And this aspiration drives every strategic decision we make.

Entrepreneurship – The world around is constantly changing, so we often have to operate in ambiguity. We seek new opportunities and are ready to take bold steps – do things and go places others don’t dare to. We don’t fear challenges but view them as opportunities to grow. We are unafraid to take a personal responsibility for going an extra mile or doing something new. Our staff treat the company with care, passion, prudence – just like they would treat their own business.

Quality – The outside world will always judge us by the quality of the product or service we deliver. And the quality of our work is directly proportional to the dedication and professionalism of our staff. There is no way around it. That is why we always follow the standards we set. That is why we deliver what we promise - day in, day out – carefully balancing quality with efficiency for optimal results. That is why we try new things and strive to learn and improve - as individuals and as an organization.

Collobration – When we work as one team across departments, business units, and countries we produce phenomenal results. When we collaborate with clients, partners and suppliers we far exceed market expectations. The impact of these synergies far surpasses that of any individual contribution. Collaboration creates a sound working environment and leads to higher efficiency. It accelerates problem-solving and enables innovation. It nurtures trust and respect.

Strategic goals

Maintain a leading position in the retail banking products and services market;

Establish broader cooperation within the framework of major government projects;

Become the main bank for clients in the market of banking products and services for SMEs and micro businesses;

Maintain leadership in the field of digital banking and payments in the face of the country's first digital bank — Birbank, as well as develop its existing large financial ecosystem;

To be recognized as the best employer in the country by recruiting professionals.

Shareholders

99.87% of shares of "Kapital Bank" OJSC belong to "Pasha Holding" and 0.13% of shares belong to individuals. The Bank’s share capital is represented by ordinary fully-paid stock with the total amount of 245.8 mln AZN and non-redeemable, non-cumulative preference shares with the total amount of 40 mln AZN. At present, “Kapital Bank” is financial structure with the biggest service network in the country.

Customer satisfaction strategy

Follow the link to learn about our customer satisfaction strategy.

Members of the Supervisory Board

Jalal A. Gasimov

Education:

Azerbaijan State Economic University, Faculty of International Economic Relations

Career:

OJSC “Unibank” – Executive Director/Deputy Chairman of the Board : 14.05.2013-01.11.2013

OJSC “Unibank” – Executive Director : 01.11.2013-01.05.2015

Head of the Banking group at “PASHA Holding” LLC : 01.05.2015-17.10.2016

1st Deputy Director at "PASHA Holding" LLC : 17.10.2016-01.01.2020

Chief Executive Director at “PASHA Holding” LLC : 01.01.2020-present

Farid U. Mammadov

Education:

Baku Institute of Social Management and Politology, Faculty of Political Science

Career:

I Deputy Chairman of the Board at “Kapital Bank” OJSC : 11.06.2013-16.02.2017

Deputy CEO and Business Group Director at “PASHA Holding” LLC : 17.02.2017-present

Education:

Azerbaijan State Economic University, Faculty of International Economic Relations

Career:

Chief Adviser at “PASHA Holding” LLC : 31.03.2009 - present

Kamala H. Nuriyeva

Education:

Western University, Faculty of Engineering Economics and Management

Career:

Director of the risk management Department at “PASHA Holding” LLC : 10.06.2013-present

Ogtay A. Hasanov

Education:

Moscow State University named after M. Lomonosov Faculty of Roman-German Philology

Career:

Chief Adviser at “PASHA Holding” LLC : 31.03.2009 - present

Members of the Bank’s Executive Board

Rovshan S. Allahverdiyev

Education:

Azerbaijan State University of Economics, Faculty of Labor Economics and Sociology

Career:

Deputy Chairman of the Board at Pasha Bank OJSC : 10.2007 - 06.2013

Chairman of the Board at Kapital Bank OJSC : 06.2013 - present

Farid A. Huseynov

Education:

Azerbaijan State Economic University, Faculty of Finance (Bachelor's degree)

Azerbaijan State Economic University, Faculty of Finance (Master's degree)

Doctor of Philosophy (PhD)

Career:

Chairman of the Board at Bank of Baku OJSC : 02.2013 - 05.2015

Deputy Chairman of the Board, Chief Operations Officer of Kapital Bank OJSC : 06.2015 - 02.2017

I Deputy Chairman of the Board at Kapital Bank OJSC : 02.2017 - present

Nahid V. Zeynal

Education:

Azerbaijan State Economic University, Faculty of Finance

Career:

Advisor to the Chairman of Kapital Bank OJSC : 02.2017 - 02.2017

Deputy Chairman of the Board, Chief Information Officer of Kapital Bank OJSC : 02.2017 - present

Javid A. Mirzayev

Education:

Azerbaijan State Economic University, Faculty of Finance (Bachelor's degree)

Azerbaijan State Economic University, Faculty of Economic regulation (Master's degree)

Career:

Director at Kapital Bank OJSC : 04.2014 - 01.2016

Chief Risk Officer of Kapital Bank OJSC : 01.2016 - present

Emin A. Mammadov

Education:

Azerbaijan State Economic University, Faculty of International Economic Relations (Bachelor's degree)

Khazar University, Faculty of Finance (Master's degree)

Career:

Director at Kapital Bank OJSC : 12.2013 - 01.2016

Chief Financial Officer of Kapital Bank OJSC : 01.2016 - present