Xalq Bank accepted as a member of National Depository Center

12:18 - 24.06.2025


June 24, Fineko/abc.az. Xalq Bank OJSC has been accepted as a member of the National Depository Center (NDC) of Azerbaijan on the basis of Central Bank's license No. IXB-01 dated May 7, 2025 for investment services.

ABC.AZ informs, referring to the NDC, that in this way Xalq Bank became the first NDC member bank.

As a result of its membership, the bank will offer investment services to individuals and legal entities in accordance with the applicable rules.

In addition, a memorandum of cooperation was signed between the NDC and the bank. The signing of the memorandum stipulates the possibility of expanding joint cooperation in development of the capital market.