Capital of Bank in Montenegro Invested 12 Million Euro

The Central Register of commercial entities of Montenegro has announced the registration of Azmont Bank on April 13.

According to the information available to the public, the bank's capital has been invested 11 million 980.4 thousand Euro. The sole shareholder is LLC Azmont Investments.

The Central Bank of Montenegro announced (http://goo.gl/XDBz46) to grant a banking license (0101-4014 / 83-2) on March 1.

The Board of Directors of Azmont Bank includes five (Ahmed Erentok, Rashad Rasullu, Rashad Aliyev, Korkmaz Agayev and Ana Ivanovic).

Recall that 99.99% of Azmont Investments Ltd. shares owned by Azerbaijan Global Investments. The shareholders of the investment company are Pasha Development, Ata Holding and Synergy Group.

Azmont Investments has also invested in the construction of the prestigious resort town Portnovi in Montenegro. ---- 08B

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