Azerbaijani AGBank to hold extraordinary shareholder meeting in March
Baku, Azerbaijan, Feb. 19
By Azad Hasanli - Trend:
An extraordinary meeting of Azerbaijani AGBank shareholders will be held on March 4, 2016.
During the meeting the shareholders will discuss an increase in the authorized capital by 100 million manats, approving of significant transactions and other issues.
A general meeting of AGBank shareholders, planned to be held on April 5, 2016, is valid.
A report of the board of the bank, as well as the audit committee's report will be delivered during the shareholders' meeting as of 2015.
The bank's financial indices, the staffs of the Supervisory Board and the Audit Committee are planned to be approved.
It has been recently announced that AGBank intends to merge with Bank Standard.
AGBank has been operating in Azerbaijan since 1992. Among the shareholders are the International Finance Corporation, Kazimir Partners company, as well as physical entities Chingiz Asadullayev and Farzulla Yusifov.