Bank Of Baku

IBA can pay dividends to its shareholders

IBA can pay dividends to its shareholders
# 26 April 2013 10:50 (UTC +04:00)

 

IBA President Jahangir Hajiyev noted that this issue will be discussed at the Supervisory Board’s meeting on April 29.

 

He says according to previous year’s outcomes, IBA’s retained earnings made AZN 53 mln and bank’s management raised an issue on sharing of those earnings before the shareholders: “Our proposal is to direct at least AZN 15 mln to the sharing of dividends and save the remaining part as retained earnings top help increase of total capital”.

 

Note that IBA’s authorized capital makes AZN 340 mln. IBA has been ion operation since 1992.

 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED