Bank Of Baku

VTB Azerbaijan to increase twice authorized capital

VTB Azerbaijan to increase twice authorized capital
# 15 April 2010 11:18 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. VTB Azerbaijan bank intends to increase the authorized capital twice, till the end of this year, CEO of the bank Oleg Krasnojon told APA.

According to him, yhe authorized capital of bank makes AZN24 mln and they will increase it 83% or amount of AZN20mln.

VTB Azerbaijan has been in operation since March 19, 2009.
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THE OPERATION IS BEING PERFORMED