Royal Bank (Azerbaijan)

Royal Bank was an Azerbaijani private commercial bank established as ÖZ BANK on 2 August 1993. The bank provided financial services for individual customers, small- and mid-size businesses. The last board of directors took the control over the bank in 2004 and began a program on organizing the bank.

Royal Bank was included into the Baku Stock Exchange in 2006. It had 32 regional branches including the branches in Baku.

On 12 July 2015, the Central Bank of Azerbaijan cancelled the license of Royal Bank. On 2 August 2015, the Administrative Economic Court in Baku announced that Royal Bank went bankrupt.«RoyalBank» müflis elan edildi

Related pages
 Central Bank of Azerbaijan
 List of banks in Azerbaijan

References

Other websites
Royal Bank website 

Category:Banks of Azerbaijan
Category:1993 establishments in Asia
Category:1993 establishments in Europe
Category:1990s establishments in Azerbaijan
Category:2015 disestablishments in Asia
Category:2015 disestablishments in Europe