Bank Of Baku

Bank Standard will not raise authorized capital this year

Bank Standard will not raise authorized capital this year
# 09 June 2009 15:38 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Azerbaijan-based Bank Standard will not raise its authorized capital this year, said Javid Guliyev, First Vice-Chairman of the Bank.

According to him, the bank’s paid-in capital is AZN 65 million, an adequate size for the bank.

Bank Standard, part of AB Standard Group, has been in operation since 1995.
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