Azerbaijani Zamin Bank is preparing to open its representative office in Ukraine, Chairman of the Supervisory Board of the Bank Nadir Ismailov stated.

Mediamax reports referring Trend that Nadir Ismailov noted that “according to the strategic development of the bank for 2008-2012, the establishment of a subsidiary bank in Ukraine is planned for”.

The first permanent representative office of Zamin Bank was opened in 2007 in Moscow. The Bank is the founder of Caspian Money Transfer system, the maintenance of which in the beginning will be the main sphere of the bank’s activity in Russia and Ukraine.