Azerigasbank

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

• 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.

Awards

• 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

• Banking in Azerbaijan
• Central Bank of Azerbaijan
• List of banks in Azerbaijan
• Azerbaijani manat
• Economy of Azerbaijan

References

External links

• AGBank web site