Azerbaijan, Baku /corr. Trend I.Khalilova / The number of the banks with foreign capital is increasing in Azerbaijan. The Chairman of the Executive Board of Texnika Bank, Samir Huseynov said that according to a decision of the shareholders of the Bank, 10% of the Bank's shares was sold to the US Investment Fund of Kazemir Partners Limited. In the CIS, the fund also has shares in Kazakhstan (TuranAlem Bank) and Georgia (Georgia Bank).
As a result of Kazemir being a shareholder of Texnika Bank, the Bank's authorized capital increased to AZN 21 mln.
According to Huseynov, by the end of the year Texnika Bank intends to increase its capital to at least AZN 60 mln.