Azerigasbank, Sometimes Spelled Azerigazbank Or AGBank, Is A Private Commercial Bank Established In 1992 In Baku, Azerbaijan. It Has Been A Member Of The Baku Stock Exchange Since September 15, 1993. The Official Auditor Of The Bank Is The International Auditor PricewaterhouseCoopers Since 2000.
Shareholders
- International Finance Corporation - 17,500%
- Kazimir Partners Company - 10,000%
- Chingiz Asadullayev (Chairperson Of The Supervisory Board) - 27.532%
- Farzulla Yusifov (Member Of The Supervisory Board) - 23.111%
The Number Of Minority Shareholders Is 74, Holding 21.856% Of The Bank's Equity. The Bank's Dividend Policy Is To Pay 15% Annually.
Awards
- In 2005, AGBank Received The "Caspian Energy Award" In The "Corporate Bank 2005" Nomination.
- In 2006, AGBank Received The National Business Award "UGUR" In The "Bank Of The Year" Nomination.
- In 2008, AGBank Received The National Business Award "UGUR" In The "Rebranding Of The Year" Nomination.
- In 2010, AGBank Was Nominated For "Innovative Product Of The Year" At The "Azerbaijan Business Awards"
Azerigasbank Is A Private Commercial Bank, Which Was Established In 1992 In Baku, Azerbaijan. Since September 15, 1993, The Bank Has Been A Member Of The Baku Stock Exchange. Since 2000, Its Auditors Are From International Auditors PricewaterhouseCoopers, And The Chairperson Of The Supervisory Board Is Chingiz Asadullayev. The Shareholders Of Azerigasbank Are Composed Of: IFC With Approximately 17.500% Shares, Kazi Partners With Approximately 10.000% Shares, Chairperson Of The Supervisory Board Of Chingiz Asadullayev With Approximately 27.532% Shares, And Member Of The Supervisory Board Of Farzulla Yusifov With Approximately 23.111% Shares. Minority Shareholders Hold 21.856% Shares. Its Dividend Policy Is To Pay A Dividend Of 15% Per Year. Azerigasbank Shareholders Include 2 Of The Largest Organizations, The International Finance Corporation And Kazmir Investment Co., Ltd., An American Investment Fund. IFC Is A Member Of The World Bank Group And The Largest Development Institution In The World, Focusing On The Private Sector In Developing Countries. It Has Owned 17.5% Of Azerigasbank Since 2006. Kazmir Investment Co., Ltd., A Chinese-American Investment Fund, Has Owned 10% Of The Shares Of Azerigazbank Since 2008. Currently, It Offers A Wide Range Of Modern Banking Services, Including Cash And Settlement Services, Consumer And Business Loans, Business Loans, Deposits, Plastic Cards, Emergency Remittances, Documentary Business, Traveler's Cheques, Business Cheques, Etc. Azerigasbank Customers Include Companies And Institutions In Different Economic Sectors, Such As: Industry, Tourism, Telecommunications, Transportation, Construction, Agriculture, Trade And Services. Its Main Business Provides Financing For The Production And Trade Sectors Of The Republic Of Azerbaijan.
