28 June the annual general meeting of shareholders of DemirBank will take place.
As stated in the official report of the company, on the agenda for approval of the annual financial statements , the auditor's bonded to a decision on the distribution of profits and issue dividends.
The overriding objective is to make changes in the composition of the Supervisory Board , the appointment of the board and changes in the bank's charter .
DemirBank OJSC was founded in 1989. The bank's shareholders are more than 850 businesses and individuals. The major shareholders are European Bank for Reconstruction and Development ( 25% +1 share ) and Netherlands Development Finance Company (FMO, 10%).
DemirBank JSC with assets 403.1 million manat to April 1, 2014 among the top ten private banks. The aggregate bank capital is 61.4 million manat . - 17D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review