The Extraordinary Meeting of Shareholders of the IBA was held on October 18, 2013
21.10.2013
Baku, Finance Time. Considering growth dynamics of the Bank a 4-year capital increase program was adopted during the Meeting. According to this program, Shareholders approved Bank’s capital increase by AZN 200 mln. in the first place followed by an additional AZN 300 mln. over the following 3 years (AZN 100mln. each year), which in total represents AZN 500 mln. capital increase.