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Azerbaijan’s share in AIIB capital stock shrinks

Business Materials 6 December 2016 19:14 (UTC +04:00)

Baku, Azerbaijan, Dec. 6

By Anvar Mammadov – Trend:

Azerbaijan’s share in the capital stock of the Asian Infrastructure Investment Bank (AIIB) decreased from 0.2851 to 0.2844 percent, said a message on the AIIB website.

This is due to the inclusion of Uzbekistan in the bank’s shareholding structure. The Uzbek share in the AIIB capital amounted to 0.246 percent. As a result, the shares of all shareholders slightly decreased.

At the same time, the amount of Azerbaijan’s share in the AIIB capital remained at $254.1 million.

AIIB was founded in June 2015. Azerbaijan is one of the bank’s founding members.

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