NEWS FEED
Zoom
10:32 22 July
TOP 5

AtaBank’s authorized capital reached AZN 70M


Caspian Development Bank (CDB Bank) adn AtaBank are member og Synergy Group famil and earlier, AtaBank’s authorized capital increased by AZN 20 million to AZN 70 million, Executive Director of Synergy Group LLC Ismayil Suleymanov said at the press conference.

 

According to him, taking into account the importance of strengthening of banks’ capital position, increase of effectiveness and deepness of the financial intermediation and creation of new banks with high liquidity, CDB Bank decided to merge with AtaBank: “Restructured AtaBank will demonstrate new level of quality, indicators of its financial sustainability will meet the factors set by the legislation”. 

Related news releases

VİDEO NEWS

PHOTO NEWS

  • Russian warships arrive in Baku - VIDEO
  • Armenia continues breaking ceasefire with Azerbaijan
+2
EXCHANGE RATE
FOREX
/ 23 July , 2017

USD
1.7012
 
EUR
1.9783
 
RR
0.0289