AccessBank prepares for capital increase
Baku, December 21, 2016. On 14 December 2016 the shareholders of Access Bank have taken a decision to increase the capital of the Bank. The purpose of the capital increase will be to provide the Bank with a sufficient capital buffer to absorb increased challenges stemming from the challenging economic environment.
The capital increase requires customary approvals. It demonstrates the willingness of the shareholders to support the Bank to maintain its strong position on the local banking market as a leading financier for Micro and SME businesses.