Azerbaijan, Baku, Jan. 7 / Trend A. Akhundov /
Foreign stakeholders are not to give up shares of the Azerbaijani Unibank, chairman of the bank board Faig Huseynov told Trend on Monday.
"This issue is not on the agenda. We are normally working and collaborating with foreign shareholders as before," Huseynov said.
He said, involvement of new shareholders is also not being considered.
Unibank was established on October 15, 2002 as a result of the merger of two private commercial banks in Azerbaijan, Mbank and Promteshbank. Unibank is a universal financial and credit institution rendering retail and corporate services. Among shareholders of the bank are the European Bank for Reconstruction and Development (15.1515 per cent) and the German Investment Corporation DEG (8,3333 per cent).
In addition, Azerbaijani residents Eldar Garibov with 50.8083 per cent, Igor Yakovenko with 17.5301 per cent, Zemfira Jafarova with 5.5 per cent and minority shareholders with 2.6767 per cent are the bank's shareholders.
The official exchange rate on January 7 is 0,7847 AZN / USD.