State-owned bank wants to raise dividend payment by nearly 20%

The state-owned "International Bank of Azerbaijan" (IBA) plans to pay its shareholders AZN 185 million in dividends this year based on the financial results of the last year. This was stated by IBA board chairman Abbas Ibrahimov. According to him, this is up by 18.6 percent from the last year. Since the state owns 96.4 percent of the banks' shares, more than AZN 178 million will go to the state as dividends. Note t...

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Finance

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Finance
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Finance
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Finance
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