At today's annual general meeting of shareholders of OJSC Capital Bank it was decided to use a net profit of 65 million 891 thousand manats for 2014 for the payment of dividends to shareholders, Turan was told in the bank's Board.
On each share dividends will be paid at a rate of 4.39 manats (without deduction of dividend tax), 3.4 times more than in 2013. This represents 35% of the nominal value of shares.
At the general meeting it was also decided on the approval of the bank’s annual reports for the past year.
The authorized capital of Capital Bank is 185 million 850 thousand manats. In the turnover there are 15 million shares, with par value of 12.39 manat each.
The bank is affiliated with Pasha Holding, which owns 99.87% of its shares. There are also about 170 individual shareholders. ---08B
Economics
-
The Union of Chambers of Commerce and Industry (UCCI) of the Organization of Turkic States (OTS) held its General Assembly in Baku on December 26, highlighting dynamic economic growth and deepening integration among member states. Representing Azerbaijan and other OTS member states, business and government leaders discussed trade, investments, and regional connectivity projects.
-
Rice imports to Azerbaijan have soared to unprecedented levels during the January-November 2024 period, reflecting both rising domestic demand and increasing global food prices. Over this period, the country imported 60,400 tons of rice, marking an 18.6% increase in volume and a 35.3% rise in value compared to the same period in 2023.
-
Over 17,750 life insurance contracts and 40,661 property insurance contracts were signed through Azerbaijan’s Mortgage and Credit Guarantee Fund (MCGF) between 2022 and 2024, reflecting the growing role of the Fund in strengthening the housing finance and insurance markets. These figures were revealed by Rasim Abdullayev, Director of the Mortgage Lending Department at MCGF, during the seminar "Tools for Supporting Housing Finance and Entrepreneurship."
-
The value of paid services provided to the population in Baku reached 6.94 billion manats in the first eleven months of 2024, reflecting a real-term increase of 9.2% compared to the same period in 2023, according to data from the Baku City Statistical Department.
Leave a review