Bank Of Baku

Bank VTB (Azerbaijan) plans to increase authorized capital

Bank VTB (Azerbaijan) plans to increase authorized capital
# 22 September 2014 13:43 (UTC +04:00)

Baku - APA-Economics. Bank VTB (Azerbaijan) plans to increase authorized capital.

 

Bank says the it plans to recapitalize AZN 25 mln to achieve the performances planned on the loan portfolio and business extension in accordance with the bank’s 2014-2016 strategy.

 

At the same time, the bank plans to increase number of branches to 20 in Baku and other cities by the end of 2016.

 

 

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