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Azerbaijan Bank to Summon Shareholders to Approve Budget for 2009

Business Materials 30 October 2008 15:31 (UTC +04:00)

Azerbaijan, Baku, 30 October / Trend , corr. N.Ismayilova /Rabitabank OJSC will summon shareholders on 4 December.

A new composition of the auditory committee is expected to be discussed and the budget for 2009 will be approved at the meeting.

The meeting will be held in the bank head office on the 33/35, Uzeyir Hacibayov Ave, on 4 December 2008 at 5:00PM. Tel: 598-44-88.

Rabitabank takes 29th place in Azerbaijan's banking sector on the size of aggregated capital. Bank's aggregated capital is AZN 11.84mln as for 1 July 2008. As for the sum of assets Rabitabank takes the 18th place. Bank's assets comprise AZN 98.65mln. The revenues of the bank touched AZN 504,000.

On 30 October, the official currency rate is 0,8087 AZN/USD.

The correspondent can be contacted at: [email protected]

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