BAKU, Azerbaijan, May 11. The general meeting of shareholders of Gunay Bank OJSC will be held on July 5, Trend reports via Gunay Bank.
"It is planned to discuss the issue of increasing the authorized capital at the meeting," the report says.
According to the financial statements for the first quarter of 2023, the authorized capital amounts to 64.9 million manat ($38.1 million).
Gunay Bank OJSC received a license to operate in Azerbaijan in 1992. The shareholders of the bank are three individuals.
Being a completely private commercial bank with shareholders who are the citizens of Azerbaijan Republic, the bank established the target to serve legal entities and individuals, residents, and non-residents from the first days of its activity. “Gunay Bank” is in full compliance with all country’s legislative rules which are under the control of the Financial Markets Supervisory Authority and the Central Bank of Azerbaijan Republic. Bank pays critical attention to anti-money laundering procedures and fulfills all necessary requirements in this regards.
“Gunay Bank” OJSC is included in the TOP of 25 financial institutions in the country, realizes state programs on the development of agriculture, is the agent of the state program on the support of average and small business (SME), and is an agent of the Public Mortgage Foundation.
Being a member of the Azerbaijan Deposit Insurance Fund all deposits of the bank which were accepted within the appropriate rules and procedures are under full insurance of the government.
