OREANDA-NEWS. January 18, 2010. AGBank has summarized results of activity for 2009 and told of plans for 2010.

AGBank Development Department’s director Afgan Jalilov says that talking of success of the past year it is necessary to point out that the volume of indviduals’ deposits last year increased approximately by 20 million manats and reached 82 million manats by the end of 2009.

“Certainly the fact that population’s deposits in 2009 grew by 31% testifies of high image and stability of our Bank,” Jalilov said.

He added that keeping on co-operation with international financial institutions AGBank signed an agreement with the International Finance Corporation (IFC) on subordinate debt commitment of  USD 10 million.

Touching Bank’s plans for the current year, Jalilov stressed that AGBank intends to introduce new software Т24 made by company Temenos.

“There are no doubts that after we apply T24 software, quality of a range of our services is going to improve as functionality of this system will allow adapt regularly Bank’s new services and products to clients’ changing demands and create all conditions for raising efficiency of internal bank processes, including banking operations,” Jalilov underlined.