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Supervisory Board of Azerbaijan bank expands

Supervisory Board of Azerbaijan bank expands

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Date: 4 December 2015 18:07

Baku, Azerbaijan, Dec. 4

By Azad Hasanli – Trend:

The Supervisory Board of Texnikabank OJSC has expanded and reached five members, the message of the bank said.

This decision was made at a general meeting of shareholders Dec.4.

The Supervisory Board included Elmar Iskandarov and Allahverdi Demirov.

The Supervisory Board is headed by Etibar Aliyev, according to the bank.

Bank Technique JSC operates in Azerbaijan since 1994 (it was called Rashadbank earlier, and Texnika Bank since 1998). The bank received its present name after rebranding in 2012. The Bank offers a wide range of banking and financial services in Azerbaijan.

The shareholders of Bank Technique include investment company Beaufort Investissements S.A [head office located in Luxembourg] with 78.4421 percent interest, while 21.5579 percent belongs to individuals.

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