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Bank's official Hasan Badalov, told the APA that seven branches will be opened in 2007-2008 while it has only one branch now.
In 1995 AzerTurkBank was established by Turkish T.C.Ziraat Bankasi A.S. (46%), German Ziraat Bank International AG (4%), Azeri Agrarcredit (46%) and Turanbank (4%).