Access Bank Increases Authorized Capital by AZN 20 Million

Baku / 04.10.17 / Turan: As a result of the purchase of an additional issue of 4.8 million shares by the shareholders of Access Bank, the authorized capital of the bank was increased by 20 million manat. Thus, the authorized capital of Access Bank is 140 million manat. The issue of shares and registration took place on September 30, 2017.

"The secondary increase in capital once again demonstrates the desire of the shareholders to consistently strengthen the bank"s capital. This in turn will allow the bank to meet the financial requirements of our customers to the maximum and to strengthen the positions of the bank that finances small and medium-sized businesses," the head of the board of Access Bank, Rolf Reichard said. ----71D

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