Bank of Azerbaijan increases number of shareholders

Bank of Azerbaijan increases number of shareholders
# 22 January 2013 12:29 (UTC +04:00)

Along with this bank says the information about leaving of ZQAN holding the shareholders list of Bank of Azerbaijan isn’t true. Remind that, before the changes bank had shareholders as 2 individuals (Mammadov A. – 81%, Mammadov M. – 18%) and legal entity (NEM Holding – 1%).

Bank says after the process, number of shareholders will increase and they will be only individuals. Besides, in addition some new individuals will be shareholders of the bank.

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THE OPERATION IS BEING PERFORMED