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Azerbaijan’s share in AIIB capital stock shrinks

Business Materials 28 November 2017 17:02 (UTC +04:00)

Baku, Azerbaijan, Nov. 28

By Anvar Mammadov – Trend:

Azerbaijan’s share in the capital stock of the Asian Infrastructure Investment Bank (AIIB) decreased from 0.2732 to 0.2726 percent, said a message on the AIIB website.

This is due to the inclusion of Ireland in the bank’s shareholding structure. Its share in the AIIB capital amounted to 0.1409 percent. As a result, the shares of all shareholders slightly decreased.

At the same time, the amount of Azerbaijan’s share in the AIIB capital remained at $254.1 million.

AIIB was founded in June 2015. Azerbaijan is one of the bank’s founding members.

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