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Yelo Bank

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Yelo Bank
Open Joint-Stock Company
ISIN🆔
IndustryBanking
Founded 📆1994
Founder 👔
Headquarters 🏙️Azerbaijan, Baku
Number of locations
13 branches
Area served 🗺️
Azerbaijan
Products 📟 Consumer and business loans, deposit, money transfer, cards
Members
Number of employees
More than 900
🌐 Website[1]
📇 Address
📞 telephone

Yelo Bank — Yelo Bank is a commercial bank in Azerbaijan. The Bank provides services to both individuals and legal entities. Yelo Bank, which has been operating for more than 28 years, in cooperation with LUKOIL-Azerbaijan CJSC launched the first self-service center in the banking sector. Yelo Bank was named "Bank of the Year" at the Caspian Business Award 2021 organized by the Caspian Energy Club. The bank also won “the Most Innovative Corporate Rebranding Strategy - Azerbaijan 2020” award from Capital Finance International (CFI.co).

History[edit]

Yelo Bank, operating since 1994, initially functioned as a commercial bank "Ulpar". Later in 2002 it was renamed to Nikoil Bank. As a result of the rebranding carried out in 2019, the bank is now called Yelo Bank to this day. The bank's new name is Yelo, a simplified form of the english word Yellow. It symbolizes a different approach, diversity and convenience of banking services and is implemented under the slogan "Brighter Banking".

Service network[edit]

Currently, Yelo Bank OJSC has a total of 13 branches, 3 of which are located in the regions (Ganja, Lankaran, Barda).[1]. The head office of the bank is located at the address: Baku, st. Hasan bey Zardabi, 81K. The bank provides retail and business services to customers, as well as remote services such as mobile banking, internet banking, online credit, online queue, online payments.

Memberships[edit]

Yelo Bank is a member of the following professional organizations and systems:

  • Azerbaijan Banks Association (ABA)
  • SWIFT
  • "MasterCard International"
  • International payment system VISA
  • Azerbaijan-American Chamber of Commerce (AMCHAM)

Awards[edit]

  • 2021 - "Bank of the Year" award at the international Caspian Business Award 2021, organized by the Caspian Energy Club[2]
  • 2020 - Capital Finance International (CFI.co) Winner for "Most Innovative Corporate Rebranding Strategy - Azerbaijan 2020"[3]

See also[edit]


Other articles of the topic Banks : Bahrain National Holding BSC, Lehman Brothers Holdings Inc.
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References[edit]

External links[edit]

External links[edit]


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