BAKU, Azerbaijan, May 23. The International Bank of Azerbaijan OJSC (ABB) had 1,799 shareholders as of January 1, 2024, Trend reports.
This is an increase of 1.2 percent from January 1st of the previous year, as stated in the bank's annual report.
The number of individual shareholders of ABB increased from 1,759 to 1,783 in 2023, while the number of legal shareholders decreased from 17 to 16.
Meanwhile, ABB's assets in 2023 amounted to 13.6 billion manat ($7.9 billion), its loan portfolio amounted to 5 billion manat ($2.9 billion), and the bank's capital amounted to 1.8 billion manat ($1 billion). Net profit for the year amounted to 322.2 million manat ($189.4 million).
To note, the biggest bank in the nation, ABB, was founded in 1992.
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