Baku, Azerbaijan, Feb. 12
The extraordinary general shareholders' meeting of the International Bank of Azerbaijan OJSC (IBA) was held on February 10, 2015. During the meeting were discussed a number of procedural questions and the question concerning the increase of the authorized capital of the bank.
At the general meeting it was decided to increase the bank's authorized capital by 500 million manats up to 1,1413 billion manats through the new issue of shares.
Also, during the meeting changes were made in the composition of the Audit Committee and the realization of the commercial project was discussed.