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Azerigasbank

From Wikipedia, the free encyclopedia
Azerigasbank
Company typeOpen Joint-Stock Company
IndustryBanking
Founded1992
Headquarters,
Area served
Azerbaijan
Key people
Chingiz Asadullayev,
Chairman of the Supervisory Board
ProductsFinancial services
Websitewww.agbank.az

Azerigasbank, sometimes spelled as Azerigazbank or AGBank is a private commercial bank established in 1992 in Baku, Azerbaijan. It has been a member of Baku Stock Exchange since 15 September 1993. The official auditor of the bank is the international auditor PricewaterhouseCoopers from 2000 onwards.

Shareholders

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  • International Finance Corporation - 17,500 percent
  • Kazimir Partners Company - 10,000 percent
  • Chingiz Asadullayev (chairman of the supervisory board) - 27.532 percent
  • Farzulla Yusifov (member of the supervisory board) - 23.111 percent

The minority shareholders count to 74 and hold 21.856 percent of the bank's equity. The bank's dividend policy is to pay out 15 percent dividends per annum.[1]

Awards

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  • In 2005, AGBank received "Caspian Energy Award" in nomination "Corporate bank of 2005".
  • In 2006, AGBank received the national business award “UGUR” in nomination "Bank of the Year".
  • In 2008, AGBank received national business award “UGUR” in nomination "Rebranding of the Year".
  • In 2010, AGBank received “Azerbaijani Business Award” in nomination "Innovative Product of the Year".

See also

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References

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