Yapi Kredi Bank Azerbaijan CJSC received a license from the National Bank of the Republic of Azerbaijan on January 11,

2000 under the name Kochbank Azerbaijan LTD to engage in banking activities No. 243. In September 2005, Yapi Kredi Bank in Turkey also joined the Koç Financial Services family at A.Ş. Kochbank Azerbaijan LTD has been operating under the name of Yapi Kredi Bank Azerbaijan CJSC since the beginning of 2007. The renaming of the bank is due to the merger of the founding structure (Kochbank) with another partner bank (Yapi Kredi Bank). The main reason for the merger of banks in the international arena is to increase market share in the face of intense competition, and at the same time to expand shareholders' investment opportunities for the implementation of larger projects. Currently, Yapi Kredi Bank offers retail and corporate products to Azerbaijani customers. The main goal of the Bank is to improve its experience in 17 countries in accordance with the wishes and requirements of the citizens of Azerbaijan, and to contribute to the country's banking sector. In September 2012, Worldcard, one of the world's top ten credit card brands, launched its innovative products such as Internet Banking and Mobile Banking in a short period of time. The governing structure of the bank consists of the general meeting of founders (shareholders), supervisory board, audit committee and board. Yapi Kredi Bank Azerbaijan CJSC is a subsidiary of the world-renowned banks Unicredit (Italy) and Yapi and Kredi Bank A.Ş. (Turkey). During its existence, Yapi Kredi Bank Azerbaijan has offered several new products to its customers in retail and corporate banking, and for this it has been awarded various prizes. The Best Internet Banking Product in Azerbaijan as a result of customer voting on the banco.az portal in 2015 Best Internet Banking Product by Global Banking and Fiance Review in 2015, Azerbaijan Best Retail Bank in 2015 by Global Banking and Finance Review, Azerbaijan Letter of thanks from the Central Bank of the Republic of Azerbaijan for the activities of Active Bank in 2015 Most Innovative Corporate Bank, Global Banking and Finance Review, 2014, Azerbaijan Best New Retail Bank, Azerbaijan by Global Banking and Finance Review in 2014 Best Marketing Campaign-Worldcard by Master Card in 2012 The Bank's Head Office is located at 73G, Jal10 Mammadguluzadeh Street, Az1065, Baku. See Less