OREANDA-NEWS. February 24, 2011. Azerbaijan’s leading commercial banks begin the process of opening their representations in developed countries.

Today chairman of PASHA Bank’s board Farid Akhundov has reported that the bank has started preparation for opening a representation in Switzerland.

" A consultant, well known in Swiss bank circles has been employed to this end and he is preparing recommendations on the periods and forms of starting representation. The work is underway and it is still early to speak about terms of opening. We are also considering prospects of opening representations in other countries",- F. Akhundov said.

The bank’s external net will develop to expand services and quality of individual clients’ servicing.