Baku: The country's first bank, Kapital Bank, has initiated a collaboration with globally renowned investment firm 'Federated Hermes Limited'. This strategic partnership makes Kapital Bank the first bank in Azerbaijan to form such an alliance with the prestigious company.

According to Azerbaijan State News Agency, this cooperation marks a significant leap in Kapital Bank's efforts to integrate into international financial markets and expand its capabilities in treasury and liquidity management, utilizing global best practices. Through this partnership, Kapital Bank will have new opportunities to place funds in money markets and manage liquidity more efficiently.

'Federated Hermes Limited', based in London, is a leader in international investment management. The company offers institutional and corporate clients a range of services, including liquidity management, fixed income instruments, equities, and alternative investment solutions. The firm is particularly noted for its expertise in responsible and sustainable investing (ESG) and has a long-standing presence in global financial markets.

Kapital Bank, a member of PASHA Holding, has the largest service network in Azerbaijan, encompassing 114 branches and 53 departments throughout the country. For more information on the bank's products and services, customers can visit the Kapital Bank website at https://kapitalbank.az, contact the 196 Call Centre, or explore the bank's social media platforms. Additionally, applications for cash loans and Birbank cards can be submitted online.