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The Ministry of Finance and the Ministry of Finance have increased their stake in "International Bank of Azerbaijan".

News 13:07 03 Oct, 2022
The Ministry of Finance and the Ministry of Finance have increased their stake in "International Bank of Azerbaijan".

There was a change in the share distribution of the shareholders of "International Bank of Azerbaijan" OJSC (ABB).

Qazet.az reports about this with reference to the Bank.

According to information, the Ministry of Finance, which controls 91.4% of IBA's shares, has a share of 92.56%, and the State Service for Real Estate Affairs under the Ministry of Economy, which controls 3.76%, has a share of 3.81%. delivered to

Instead, the share of other legal and natural persons in the Bank decreased from 4.61% to 3.4%. The remaining 0.23% of the credit institution's shares belong to "Agrarkredit" CJSC non-bank credit institution (BOKT) as before.