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Azerbaijani bank’s leadership changes

Economy Materials 10 December 2015 19:37

Baku, Azerbaijan, Dec.10

By Azad Hasanli - Trend:

The staff of the AFB Bank Supervisory Board has been extended, the bank told Trend Dec.10.

The Supervisory Board included Farid Alizade and Intigam Safaraliev, according to the information on the website of the bank.

In addition, Shahin Nagiyev left the Supervisory Board.

Currently, AFB Bank Supervisory Board is being headed by Mammad Jahangirov.

AFB Bank received a license for the banking activity in the Central Bank of Azerbaijan in December 2008. He has officially taken over his position since February 2009.

The shareholders are two physical entities (0.36 percent) and "Gilan" LLC (99.64 percent).

AFB Bank's total capital is 75.6 million manats and authorized capital - 70.39 million manats as of July 1, 2015.

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