Texnikabank prepares for rebranding

Azerbaijani Texnikabank shareholders have decided to rebrand their bank.

According to the bank's statement on Thursday, the decision was taken at the extraordinary general meeting of Texnikabank shareholders on August 15.

"The meeting also made decision allowing the bank to enter the new stage of development," the statement said.

The next extraordinary general meeting of Texnikabank shareholders is scheduled for September 17, 2012.

Texnika Bank has operated in the banking market of the country since 1993, until 2007 it was a 100-percent Azerbaijani bank. Today, the majority shareholder is the World Wines, which owns 75 percent of the shares, 15 percent of the shares is owned by an individual, and 10 per cent - the U.S. Kazimir Investment Caspian Fund.


/Trend/