Bank Of Baku

Kapital Bank to hold a general meeting of shareholders on December 11

Kapital Bank to hold a general meeting of shareholders on December 11
# 30 October 2008 13:04 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Azerbaijan’s Kapital Bank will hold a general meeting of shareholders on December 11.
The bank said shareholders will discus a number of issues, including approval of the proposed changes to the charter, new compositions of the Supervisory Board, audit commission and revised regulations of the shareholders meeting, Supervisory Board, audit commission and the Management Board.
As at October 1, Kapital Bank’s assets stood at AZN 422.448 million, up 92.7% on the same period last year.
Kapital Bank has been in operation since 2000. The bank operates 90 branches, 267 ATMs and 443 POS terminals at present.
After privatization, Kapital Bank is owned by AtaHolding (30%), Pasha Holding (30%), Khalg Sighorta (15%), Azersun Holding (10%), individuals (10%) and the bank staff (5%).
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