Holding of the state CapitalbankвЂ™s Supervisory Board sitting is scheduled for this week, the government told Trend. The meetingвЂ™s agenda includes the issues of approving the bankвЂ™s budget for the next year. The 20% -growth of the bank indices is expected in 2006, the CapitalbankвЂ™s head said in a statement recently.
As the State Committee on the State Property Management is the bankвЂ™s shareholder on behalf of the state, and earlier the Ministry of Economic Development, there is necessity in introducing amendments to the bankвЂ™s charter. Besides, the state plans to enhance twice the bankвЂ™s authorized capital from 40 billion AZM to 60 billion AZM, which is also to be reflected in the charter. These amendments to the charter are also the subject for discussions of the bankвЂ™s Supervisory Board.
Some other internal issues are also included in the agenda.