A deal between the German investment company DEG (Deutsche Investitions- und Entwicklungsgesellschaft GmbH, a group of the German Bank of Development KfW) and the commercial UniBank will be drawn up in the nearest 30-35 days, the Bank Board chairman Faik Huseynov told Trend.
According to him, the process of share buy-and-sell legal drawing up is currently underway. Thus, the deal’s accomplishment may be expected in September.
It should be noted the commercial UniBank and the German investment corporation DEG concluded an agreement on the DEG involvement in the bank’s capital and buying of 8,33% of shares while holding the investment conference on Azerbaijan in Germany on 31 May.