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Saturday, May 27, 2017

AccessBank shareholders buy 8.2 million new shares

Shareholders of AccessBank have signed on for 8.2 million new shares, worth $20.9 million.

The new shares increased the bank's charter capital to $72 million.

Individual shareholdings will stay the same.

“The capital injection from our shareholders is a clear signal that the bank enjoys a strong backing in current challenging times from its shareholders of which the majority are triple A-rated international financial Institutions," AccessBank CEO Michael Hoffmann said in a press release. "We continue to provide dedicated service and support to our clients with our competitive product range and maintain our strong position as leading financier of micro and small business clients."

Organizations in this story

Access Bank - Azerbaijan 3, Tbilisi avenue Baku, Azerbaijan

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