Baku / 09.10.17 / Turan: At an extraordinary meeting of shareholders of Uni Bank, which will be held on October 13, it is planned to discuss the issue of increasing the authorized capital, the bank said.
The authorized capital will be increased to 140.7 million manat, by 21 million manat or 17.5%.
"The increase in capital will help Uni Bank maintain and strengthen its positions in the country"s financial market. The emerging stabilization of the country"s economy and an increase in Uni Bank"s activity within the framework of corporate and retail lending created a serious basis for further expansion of the bank"s activity," the report said.
In June 2017, the bank increased its authorized capital by 70% - up to 119.7 million manat.
OJSC Uni Bank was established in October 2002. Among the shareholders are the EBRD (European Bank for Reconstruction and Development) and DEG (German Investment Corporation), whose shares in the capital are 19.41% and 24.37% respectively. -71D-
Finance
-
The Accounting Chamber has revealed shortcomings in the Baku State University and the Azerbaijan State Academy of Physical Culture and Sport.
-
In 2023, the salary costs of employees of the State Oil Fund of Azerbaijan (SOFAZ) amounted to 9.8 million manats. This is stated in the financial statements of the Fund, which were audited at the end of the last year.
-
Azerbaijan's justified state budget expenditures totalled AZN 4,948 million in the first half of 2024.
-
As of the end of June 2024, credit unions in Azerbaijan had a balance sheet capital of AZN 9.1 million. This is stated in the credit union review published by the Central Bank of Azerbaijan.
Leave a review