ABB Financial institution can pay shareholders 185,000,000 manats in dividends! (R) – 2024-05-30 16:04:40

by times news cr

2024-05-30 16:04:40

On Might 27, 2024, a unprecedented Normal Assembly of Shareholders of ABB Financial institution was held. On the assembly, the monetary report of ABB Financial institution for 2023, verified by an exterior auditor, was authorized, and a choice was made to pay dividends within the quantity of 185,000,000 manat in accordance with the monetary outcomes of 2023. Thus, the return on shares was 15.1%.

Additionally on the assembly, selections have been thought of and selections have been made on quite a lot of organizational points. Thus, the composition of the Supervisory Board of ABB Financial institution was authorized for the following time period, and two members have been added to it. The brand new members have been Rufat Alimardanov and Majid Mamedov. Rufat Alimardanov, born in 1969, was educated on the Azerbaijan State Financial College and the College of Texas. Since 1997, he has labored in senior positions in numerous monetary establishments. Majid Mammadov, born in 1981, is a graduate of BSU, Azerbaijan State Financial College and Warwick Enterprise Faculty. Since 2005, he has labored in numerous business organizations, together with the banking sector. After receiving a constructive conclusion from the Central Financial institution, they started to meet their duties.

The time period of workplace of the Chairman of the Administration Board of ABB Financial institution was prolonged by three years.

As well as, on the normal assembly of shareholders it was determined to extend the approved capital of ABB Financial institution by issuing extra shares. The difficulty of shares will probably be carried out via a public provide and all crucial situations will probably be specified within the prospectus and introduced to the general public.

Additionally through the assembly, new editions of the Constitution of ABB Financial institution and the Laws on the Supervisory Board have been authorized.

Details about trendy, helpful, common services of ABB Financial institution could be obtained on the Financial institution’s branches and workplaces, on the official web site by calling the Info Heart at brief quantity 937, in addition to on the Financial institution’s official Fb web page.

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