Open Joint-Stock Company “AGBank” was established in 1992 and has become one of Azerbaijan’s leading banks over that period. The Bank’s shareholders include 2 largest organizations: International Finance Corporation (IFC) and US Investment Fund “Kazimir Investment LTD”. -IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries, which has owned 17.5% stock of Azerigazbank since 2006. -US Investment Fund “Kazimir Investment LTD” has owned 10% stock of Azerigazbank since 2008. At present AGBank offers a wide range of modern banking services including cash and settlement services, consumer and business loans, corporate loans, deposits, plastic cards, urgent money transfers, documentary operations, travel checks, commercial checks and etc. AGBank builds the client relations based on the principle of being as helpful and useful to clients as possible, which is reflected both in the Bank’s slogan – “Zənqin olmaq haqqınızdır” (“Your right to wealth”), and in specific actions and services. One of the main tasks is to continually improve the quality of customer service, expand the range of services and optimize their terms and conditions. The Bank’s client base includes a great number of companies and institutions from different economic sectors, such as industry, tourism, telecommunications, transport, construction, agriculture, trade and services. The main activity of Bank is financing of production and trading sectors of the Azerbaijani Republic. The Bank’s services are also used by tens of thousands of individual clients. For the period of 2000-2010 years an official auditor of the Bank was an International Auditor’s Company “PricewaterhouseCoopers”. Since 2011 an official auditor of the Bank is an International Auditor’s Company “KPMG”. AGBank closely cooperates with international and foreign financial institutions primarily aiming at implementing different enterprise and trade finance lending programs. Overall, under these programs AGBank acquired credit lines for over USD150 mln, which enhanced the Bank’s capabilities for providing clients with long-term business loans and trade finance services on more favorable terms. It is necessary to mention the following financial institutions, with which AGBank closely cooperates: European Bank for Reconstruction and Development (EBRD), OPEC Fund for International Development (OFID), International Finance Corporation (IFC), Asian Development Bank (ADB), Germany-Azerbaijan Fund (GAF), Raiffeisen Bank, Commerzbank AG, LBBW, UniCredit, Standard Chartered Bank Group, Sheker Bank. AGBank is the member of Deposit Insurance Fund, which was established according to the state law "About deposit insurance". The deposits of the population placed in AGBank, are subject to insurance on the terms and conditions of the Fund. AGBank also cooperates with the National Fund for Support to Entrepreneurship and Azerbaijan Mortgage Fund by getting actively involved in the government’s enterprise lending and mortgage lending programs. The Bank is the founder of “Caspian Financial” LTD which conducts an active participation on securities market of Azerbaijan. The Bank is the founder of the Leasing Company “AGLeasing” JSC which is engaged in active leasing participation in the country. On volume of a leasing portfolio “AGLeasing” JSC includes into group of the leading leasing companies of Azerbaijan. Customers include both legal and physical entities - entrepreneurs. An important aspect of the Bank’s activity is active participation in various associations. AGBank is a member of Azerbaijan Bank Association, National Confederation of Entrepreneurs of Azerbaijan, American Chamber of Commerce in Azerbaijan (AmCham), etc. AGBank is also a principal member of international payment systems MasterCard International and VISA International. The Bank is also connected to urgent money transfer systems Western Union, Sigue Money Transfer, Contact, Blizko, Lider, UPT, IBA-EXPRESS, Caspian Money Transfer and MONEX. Bank is also a member of SWIFT since 2000. AGBank has also built correspondent relations with different local and foreign banks. AGBank is the first bank of Azerbaijan to receive an international rating from “Standard and Poor’s Ratings”. AGBank received long-term ”B-“ ratings from “Fitch Ratings” and ”B“ “Standard and Poor’s. One of the priorities for the Bank is expanding the geography of operations and network of customer service that currently includes 19 branch offices, 4 divisions and 71 ATM’s in Baku, Sumgayit, Ganja, Yevlakh, Barda, Shamakha, Shirvan, Salyan. Another sign of the Bank’s successful operation is the dynamic growth of financial performance indicators. As of September 30, 2013, the Bank’s total capital is AZN 48.113 mln and total assets reached AZN 430.127 mln. As of December, 31 2013,the Bank’s total capital is AZN 48.481 mln manat and total assets reached 455.347 mln. Thus, being one of Azerbaijan’s leading banks, AGBank further strengthens its positions on the country’s bank sector.