Azerbaijani bank shareholders changed
Baku, Azerbaijan, July 30
By Zulfiyya Gurbanova - Trend:
The structure of shareholders of Azerbaijani "NIKOIL BANK" with Russian capital has been changed; their number reduced, according to the official website of the bank.
So, the number of shareholders of the bank has been recently decreased from four to three.
"Uralsib-Invest" with a 9.05 percent stake left NIKOIL BANK shareholders. Thus, currently, the shares in NIKOIL BANK's capital were distributed among three shareholders, namely, "Topaz Investments" (56.38 percent), "NIKOIL" (42.62 percent) and "ISR Holding" - (one percent).
As of July 1, 2014, the authorized capital of the bank is 34.5 million manat, while the total capital - 58.43 million manat.
NIKOIL Bank has been operating in Azerbaijan since 1997 when "Azerbaijan Investment Company NIKOIL" CJSC was established. NIKOIL became a shareholder of "Ulpar" since 1998. Topaz Investments company bought a controlling stake in NIKOIL in 2008. Topaz Investments became a shareholder. Until recently, the shares in the NIKOIL BANK shareholders were distributed as follows: "Topaz Investments" - 56.38 percent, "NIKOIL" - 33.57 percent, "Uralsib-Invest" - 9.05 percent, "ISR Holding" - one percent.
The official exchange rate is 0.7842 AZN/USD on July 30.