History of our bank
From 1874 to the present

1874

On July 24, 1874, the first savings banks were established in Baku.

These cash desks operated as part of the Baku city branch of the State Bank of Russia. Accounting Committee well-known Azerbaijanis such as Haji Zeynalabdin Tagiyev, Haji Baba Hashimov and Haji Shikhali Dadashov was also represented.

1903

At the beginning of the new century, the number of savings banks increased rapidly and their activities expanded further started

1919

During the Azerbaijan Democratic Republic, on September 30, 1919, the State Bank of Azerbaijan was opened. 1 in December 1919, the activity of savings banks was also restored.

1920

The decision of the Azerbaijan Revolutionary Committee dated June 9, 1920, after the establishment of Soviet power in Azerbaijan The Baku branch of the State Bank of Russia was abolished in was merged with the established People's Bank.

1924

In January 1924, a state labor deposit operating within the State Bank of the USSR in Azerbaijan cash registers were created.

1947

The first monetary reform in the USSR to overcome the financial problems that arose after the Second World War was carried out. At that time, savings banks were one of the main institutions where banknotes were exchanged.

1954

A large number of government bonds for the reconstruction and development of the national economy of the USSR in the post-war period prize and payment draws were held. State 3% internal yield bond in citizens savings banks they could buy and sell their papers.

1961

During Khrushchev's time in the USSR, the currency reform was carried out for the second time with the introduction of new banknotes. Monetary reform during the exchange of currency notes was carried out "with the support" of savings banks.

1968

In 1968, the number of savings banks operating in our country reached 1111. 31 to savings banks that year 200 new depositors applied and a total of 57 million 197 thousand manat funds were received.

1974

On July 24, the 100th anniversary of the beginning of activity of savings banks in our country was completed.

1988

In 1988, "savings banks" became the Bank of the Republic of Azerbaijan of the USSR Savings Bank.

1992

Shortly after our independence, on February 11, 1992, at the base of that bank, the Republic of Azerbaijan Savings Bank was formed.

2000

By order of the Cabinet of Ministers of the Republic of Azerbaijan dated February 21, 2000 No. "40s" Deposit As a result of the merger of the Bank, Azerbaijan Agrarian-Industrial Bank and Azerbaijan Industrial-Investment Bank Azerbaijan United Universal Joint Stock Bank (BUSBank) was established.

2004

On December 29, 2004, at the extraordinary meeting of bank shareholders, "BUSBank" it was decided to change the name and give the bank the name "Kapital Bank". Thus, the country's first bank began to operate under its current name.

2007

"Khazri" money transfer system was created.

2008

The bank's privatization process, which began in 2005, has been completed.

2011

Kapital Bank became the leader in the production of Maestro cards in Azerbaijan.

2012

• "Mobile Banking" service has been launched.
• According to the results of the competition "The best banks of GUAM - 2011", "The bank with the most dynamic development" was selected.

2017

Kapital Bank within the framework of international cooperation with the American Bankers Association (American Bankers Association) elected member.

2018

• The Birbank application was launched and reached nearly half a million users within the same year.
• "International Finance" magazine of Great Britain named the "BirBank" application "The most innovative mobile bank". he saw
• Academy of Human Capital was established.

2019

• The Southern branch, which is the 100th in number and located in Masalli, was put into use.
• BirBank was awarded the "NETTY" award in the "Mobile Application of the Year" nomination.

2020

Kapital Bank installed the first ATM and payment terminal in the liberated city of Shusha.

2021

Birbank was updated and became the country's first digital bank.

2022

• BirKart product was rebranded and became Birbank card.
• The number of ATMs in the country reached 1000.

2023

• The first bank in our country to be awarded the "Great Place To Work" certificate was selected.
• It was the first bank to apply the concept of "green banking" in our country.

2024

• Kapital Bank branches were opened in our liberated lands - in Lachin, Zangiland and Khankendi.
• An artificial intelligence-based banking assistant was launched.
• It was awarded the "Great Place To Work" certificate for the second time in a row.
• The 150th year of the bank's operation has been completed.