Employees of Kapital Bank took part in a mass tree-planting campaign organized with the participation of member institutions of the Azerbaijan Banks Association. The large-scale eventbrought together representatives from numerous financial institutions and was held in theMushfigabadsettlement area of Baku city. During the event, a total of 625 trees including climate-resilient Eldar pines and olive trees were planted.
It is worth noting that the initiative was organized within the framework of the Memorandum ofUnderstanding signed on March 13, 2023, between the Ministry of Ecology and NaturalResources of the Republic of Azerbaijan, the Central Bank of the Republic of Azerbaijan, theAzerbaijan Banks Association, the Azerbaijan Insurers Association, the Azerbaijan Micro-finance Association, the Association of Securities Market Participants of Azerbaijan, and theAzerbaijan Fintech Association. The memorandum was signed in honor of the 100th anniversaryof the birth of national leader Heydar Aliyev.
According to the memorandum, from 2023 onwards, the plan is to plant 100 000 trees annuallyfor 10 years, totaling 1000 000 trees. This long-term initiative also aims to contribute to thepromotion of environmental sustainability and ecological balance in the region.
Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 118 branches and 54 departments all over the country. For more detailed information about the bank’s products and services, please refer to https://kapitalbank.az website, 196 Call Centre or the bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/prgtk, for a Birbank installment card visit https://kbl.az/prcrc.