Bank Respublika / Company type: Bank

Bank Respublika started its operations on May 22, 1992 based on a license issued by the National Bank of Azerbaijan Republic and has become one of Azerbaijan’s leading banks over that period. The main strategic goals of Bank Respublika for the next 3 years are small and medium-sized businesses, as well as maintaining the position of a leading bank in the field of microfinance. The Bank’s shareholders include 2 largest financial institutions of Germany: Investment Company DEG, a member of KfW banking group, and Sparkassen International Development Trust, a member of financial group Sparkassen-Finanzgruppe, which have owned a “20,7%” stock of Bank Respublika since April 28, 2005.