Azerbaijani bank's shareholders to consider rising of capital
Azerbaijan, Baku, June 8 / Trend N.Ismayilova /
The Azerbaijani Rabitabank will hold the next general meeting of shareholders, which will consider the question of raising the share capital and the financial performance of the bank in 2009, July 6, the bank said.
The agenda of the meeting includes the consideration of the Bank's Management Board's report on financial and economic activity in 2009 and Audit Committee's report, discussion and confirmation of the report on profits, losses and balance, as well as carrying out the new issue of shares to raise charter capital.
Rabitabank is the commercial bank and has been functioning in Azerbaijan since 1993. The bank's assets amounted to 103 million manat and capital - 16 million manat in 2009. The bank's branch network comprises 21 branches and offices, six of which are located in Baku, 15 - in the regions.
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