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    'Silkway Bank' OJSC shareholders changed

    Zarifa Hamzayeva is a main shareholder of the bank

    Baku. 1 June. REPORT.AZ/ Some changes took place among 'Silkway Bank' OJSC shareholders.

    Report informs referring to the bank’s audit report.

    According to information, one legal entity and two individuals last year replaced 3 individuals, who held the bank’s shares. One of them is again Zarifa Hamzaliyeva. She controls 69.7% of bank’s stakes.

    Other shareholders are VIP Aviation Services Ltd, member of Silkway Holding along with Silkway Bank (30%) and head of bank’s Board of Directors Elchin Eldar oglu Ahmadov (0.3%).

    Notably, Silkway Bank established in 2008 is a legal successor of Azal Bank founded in 1993. Its authorized stock capital is AZN 101,545.

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