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Bank Respublika to hold general meeting of shareholders on April 23

Bank Respublika to hold general meeting of shareholders on April 23

05 March 2009 08:59 (UTC +04:00)

Baku. Nijat Mustafayevâ€“ APA-Economics. Azerbaijanâ€™s Rabitabank will hold a general meeting of shareholders on April 23, 2009.
The bank said the meeting will discuss the financial performance in 2008, financial and audit reports, distribution of dividends, the increase of capitalization, equity investment, and approval of the Supervisory Board, external audit reports and a number of other issues.
As at January 1, Bank Respublikaâ€™s assets stood at AZN 387.875 million, loan portfolio at AZN 260.367 million, deposit portfolio at AZN 135.816 million, total capital at AZN 43.299 million and authorized capital at AZN 22.6 million.
Bank Respublika has been in operation since 1992. DEG Investment Corporation and Sparkassen International Development Trust hold a 25%+1 joint stake.

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