13:08 - 14.03.2019

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March 14, Fineko/abc.az. The Board of AccessBank intends to increase the Bank's capitalization.

Bank’s chairman of board Anar Hasanov stated at the press conference that it is planned to increase the authorized capital of AccessBank, that will lead to an increase in total capital.

"After the increase in the authorized capital, it is planned to create additional reserves that will also help in resolving the issue of problem loans. We plan to increase the capital up to at least AZN 50 million, but we are confident that as a result of the steps taken, we’ll be able to increase the total capital up to AZN 70 million and exceed the minimum requirement," Hasanov said.