Our history
ASC “Expressbank”, the first commercial bank, was established on June 21, 1989, and operated under the name “Azernqliyyatbank” for a long time. Our bank conducts its activities based on the license granted by the Central Bank of the Republic of Azerbaijan on December 30, 1992. By the decision of the General Meeting of Shareholders of our Bank on February 01, 2010, the name of “Azernqliyyatbank” ASC was changed to “Expressbank” ASC. The corresponding amendment to the Charter was state-registered on March 04, 2010.
Today, Expressbank is a team of more than 800 qualified employees, and the professional development of each employee is among our priority positions. As Expressbank, by applying advanced experience and innovations, we offer a wide range of services to customers through convenient methods and prioritize customer satisfaction.
We place great importance on projects within the framework of corporate social responsibility activities, regularly implement various social events, and organize regular visits to martyrs' families, nursing homes, and orphanages.
Our bank is a member of the "Mastercard International" and "Visa International" international payment systems, as well as the "SWIFT" international interbank payment system. We regularly expand comprehensive cooperation relations with world-renowned financial institutions, banks, and funds.
Our international rating
- On August 5, 2026, the international rating agency "Fitch Ratings" affirmed Expressbank's Long-Term Issuer Default Rating (IDR) at "B+" with a "Stable" Outlook. At the same time, the Bank's Viability Rating (VR) was maintained at "b+".
Strategic Vision
- By applying advanced practice and innovations, we intend to remain in memories as a brand that offers customers a wide range of services through convenient methods and prioritizes customer satisfaction.
Our achievements
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04.12.2010: Expressbank was awarded a national prize as the winner of the "Successful Rebranding" nomination of 2010 in the business sector by "Azeri Business Award," established by "Business Time" magazine.
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25.05.2017: Expressbank won the nomination for "The bank that increased the number of MasterCard Platinum, Black Edition, and World Elite cards the most."
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25.05.2017: Expressbank ranked 2nd in the nomination for "The bank that increased the number of Gold and Standard cards the most."
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21.12.2018: Expressbank won the nomination for "ABA member applying innovative payment solutions" for a joint project carried out with the "Zolotaya Korona" urgent money transfer system.
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21.12.2018: Expressbank was awarded by the Azerbaijan Banks Association in the "Corporate Social Responsibility" nomination.
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28.02.2019: Expressbank was awarded 1st place by the Central Bank of the Republic of Azerbaijan and the Azerbaijan Banks Association for 2018 in the nomination "Leading bank in contactless payment cards" based on the total number of domestic contactless payments made via POS-terminals with plastic cards in the direction of developing cashless payments, applying innovative payments, and expanding e-banking and e-commerce. It also won 2nd place in "Leading bank in contactless POS-terminal infrastructure" and 3rd place in "Leading Bank in E-Commerce Development."
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2019: Expressbank was awarded by the Azerbaijan Banks Association in the "Corporate Social Responsibility" and "Most Active Financial Literacy Supporter" nominations.
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07.04.2020: Expressbank was declared the winner in the "Leading bank in contactless payments" nomination by the Central Bank based on the total number of domestic contactless payments made via POS-terminals with plastic cards during 2019.
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2020: Expressbank was awarded by the Azerbaijan Banks Association in the nominations "Corporate Social Responsibility," "Most Active Education Supporter," and "Promotion of Cashless Payments."
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22-23 January 2022: At the event of the expert group on Payment systems and digital banking of the Azerbaijan Banks Association, Expressbank was awarded a prize by Visa, the world leader in digital payments, for the successful implementation of the “Visa B2B Connect” digital payment platform.
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May 2022: "Fitch Ratings" agency highly rated the activities of "Expressbank" and affirmed the Bank's rating at the "B" level with a "stable" outlook.
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June 2022: Expressbank was awarded a nomination at the "Fintex Finance and Technology Summit 2022" event for its successful cooperation and support.
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August 2022: Expressbank joined the "Apple Pay" payment system.
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November 2022: Expressbank joined the "Google Pay™" payment system.
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May 2023: Expressbank was awarded a prize by Visa International Payment System for increasing orders of Premium Visa cards.
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April 2025: Awarded at the traditional event held by the Azerbaijan Banks Association (ABA), being honored in 4 different nominations across the social and strategic areas of activity.
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2025: Expressbank and Expresspay participated as leading partners contributing to the development of the financial sector within the framework of "Fintex Summit Baku 2025 – Finance and Technologies Exhibition." For active participation and support, Expressbank and Expresspay were awarded the "Partner" prize by the Azerbaijan Banks Association.
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September 18, 2025: International rating agency "Fitch Ratings" affirmed the long-term rating of "Expressbank" ASC at "B+" with a "Stable" outlook. Key factors determining the rating include Expressbank's sound financial performance, asset quality, high capital, as well as limited price impact and high funding costs.
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2025: Expressbank was awarded in 4 nominations within the framework of "Banking Awards – 2025" organized by the Azerbaijan Banks Association: "Corporate Social Responsibility," "Financial Literacy Supporter," "Education Supporter," and "Sustainable Banking" projects (ESG).
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May 2026: Expressbank was awarded three prestigious awards by Visa for its activities and contributions across various directions: “For your Contribution to Digital Azerbaijan,” “Secure E-Commerce Innovation” for the successful completion of the “Click to Pay” project, and “Contribution to the Development of Cashless Payments” presented to employee Ayten Hasanova for her contribution to the development of a cashless payments society.
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June 2026: Expressbank was awarded on World Blood Donor Day by the Ministry of Health of the Republic of Azerbaijan and the Central Blood Bank for active participation and support in voluntary blood donation campaigns.
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August 5, 2026: International rating agency "Fitch Ratings" affirmed Expressbank's Long-Term Issuer Default Rating (IDR) at "B+" with a "Stable" Outlook, and the Bank's Viability Rating (VR) was maintained at "b+".
Our mission & values
- Our bank aims to become the main participant in realizing the ultimate goals and desires of customers by offering products and services through more convenient methods. This means that in obtaining financial services, the bank acts not merely as an intermediary, but as an essential part of customers' lives in meeting their final needs. Thus, our core principle is to create value for our customers and gain value by always standing by their side and holding a special place in their memory.
Our Core Operating Principles:
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Ensuring competitive advantage by making quality service the primary criterion;
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Ensuring long-term development by maintaining reliability and stability;
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Achieving overall growth by ensuring the personal development and active participation of team members.
Our Values
- Our main values, which are demonstrated in the daily activities of our team members and reflected in our relationships with our clients, are as follows:
Transparency
- Transparent relationships are considered an essential and primary prerequisite for establishing trust and cooperation. Establishing transparent relationships between the bank and clients, as well as among team members, is closely interconnected. As we know, openness and clarity are the primary conditions for quality relationships. It is necessary to ensure continuity and openness in obtaining and exchanging information among both customers and employees. This factor leads to strengthened communication among participants in the corporate environment and the establishment of closer and longer-term relationships with clients.
Responsibility
- The responsibility we carry toward both customers and shareholders must accompany every team member constantly. For this, individual obligations must be clear to each participant and internalized by them. Thus, every employee, feeling accountable for executing their part with high quality, becomes an active participant in achieving an overall quality result.
Cooperation
- Long-term cooperation is built on mutual trust and responsibility. To establish reliable partnership ties with our clients, we ensure the continuous development of our team and achieve common goals through joint effort, mutual understanding, and support.
Efficiency
- Efficiency means achieving more results with the same resources and is a natural outcome of the previous principles. By mobilizing all team members and resources around unified goals, we fully utilize existing opportunities, thereby ensuring both individual and collective growth.