12:42 - 26.10.2026

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October 26, Fineko/abc.az. Expressbank has reduced the maximum annual interest rates on four deposit products.

The maximum annual interest rate on deposit product ‘Extra Rəqəmsal’ has been cut from 10% to 9.5% and deposit ‘Klassik Ümanət’ from 11% to 10.5%.

In addition, the maximum annual interest rate on deposit ‘Mücrü’ deposit has been reduced from 10% to 9.5% and on ‘Ürsət’ product from 9.5% to 9%.

Thus, the maximum annual interest rate on all four products has been reduced by 0.5 percentage points.

Expressbank started its activity in 1989 under name ‘Azərnəqliyatbank’, and received its current name in 2010. The authorized capital of the bank is 112.545 million manats. 48.8% of its shares belong to Azenco Group, 30.8% to Enerqoservice LLC, 20% to Hafiz Seyidov, and 0.4% to the Azerbaijan Land Transport Agency.