The supreme management body of the Bank is the General Assembly of Shareholders. The Bank provides all its shareholders with equal participation in the meetings and with opportune notifications regarding the forthcoming meetings and shares with them the information and materials necessary for taking decisions upon the issues on the agenda. The Authorized capital of the Bank is AZN 140,25 mln. consisting of 100% foreign capital and belonging to 6 international financial institutions.

Black Sea Trade and Development Bank - 20%

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by 11 countries from the Black Sea region. The mission of the bank is to accelerate the development and to promote the co-operation among its shareholder countries. The bank has an authorised capital of EUR 3.5 billion, and offers trade and project financing, guarantees and equity to both public and private enterprises in its member countries in order to encourage their economic development and regional co-operation, and to establish stronger economic linkages.

European Bank for Reconstruction and De¬velopment – 20%

The EBRD is an international financial institution that supports projects in 29 countrie¬s from central Europe to central Asia. By inves¬ting primarily in private secto¬r client¬s, whose needs cannot be fully met by the market, the bank promotes entrepre¬neurship and fosters transition toward open and democra¬tic market economies. The EBRD is the largest single investor in the region and it also mobilises significant foreig¬n direct investment into its countries of operation. The bank invests mainly in private enterprises, usually together with commercial partners. Through its investments, the bank finances the corporations in the financial sector and the real economy. It also works with publicly-owned companies to support the privatisation, restructuring of state-owned firms and the improvement of municipal services. Owned by 61 countries and two intergovernmental institutions, the EBRD maintains a close political dialogu¬e with governments, authorities and representatives of civil society to promote its goals. In all its operations the EBRD follows the highest standard of corporate governance and sustainable development. As a public institution, the EBRD is committed to a rigorous public information policy.

International Finance Corporation - 20%

IFC, a member of the World Bank Group, creates an opportunity for people to escape the poverty and to improve their lives. IFC fosters a sustainable economic growth in de¬veloping countries by sup¬porting private sector development, mobilizing private capital and providing advisory and risk mitigation servi¬ces to businesses and governments. The coporations`s new investments totalled USD 14.5 billion in fiscal 2009, helping channel capital into developing countries during the financial crisis.

KfW - Kreditanstalt für Wiederaufbau – 20%

KfW Entwicklungsbank (KfW Development Bank): On behalf of the German Federal Government, KfW Entwicklungsbank finances investments and accompanies advisory services in developing and transition countries. Its aim is to create and expand the social and economic infrastructure of the respective countries, and to develop sound financial systems while protecting resources and ensuring a healthy environment. KfW Entwicklungsbank is a leader in supporting a responsible and sustainable microfinance and is involved in target group-oriented financial institutions around the world. It is part of KfW, which has a balance sheet total of EUR 442 billion (as of 31 December 2010). KfW is one of the five biggest banks in Germany and is AAA-rated by Moody’s, Standard & Poor’s and Fitch Ratings.

Access Microfinance Holding AG – 16,53%

AccessHolding is a strategic investor in the microfinance industry. It was established in 2006 by LFS Financial Systems (16.12%) and is owned by an international group of private and public investors including (16.12% each): CDC Group plc (a UK govern¬ment-owned fund investing in deve¬loping and emerging economies); EIB – European Investment Bank (the European Union’s financing institution); IFC; KfW Development Bank; Omidyar Tufts Microfinance Fund (created by the founder of EBay); and MicroAssets (3.26%), a staff investment programme of LFS. AccessHolding invests in micro¬finance institutions and develops these investments through a c¬ombination of equity finance, holding services and management assistance, building a global network of A¬c¬cessBanks with a common brand identity.

LFS Financial Systems GmbH – 3,47%

LFS is a Berlin-based consultancy firm specialising in financial sector projects in developing countries and transition economies. Since its foundation in 1997, LFS has become one of the leadin¬g consultancies in the field of micro and small business financin¬g. Its proven lendin¬g technology and hands-on approach, implemented by a growing team of permanent consultants, have made LFS to be one of the preferred partners of international donors and investors. Going beyond the scope of traditional consultancy, LFS is investing in microfinance institutions, as¬suming a dual role as a manager and investor. Building upon the success of its first investments of this kind, LFS has created an international network of microfinance banks under the AccessBank brand.

Currencies Rates

16.03.2019 BUY SELL
USD 1.6971 1.7015
EUR 1.8886 1.9464
Non-cash payment

Non-cash payment

16.03.2019 BUY SELL
USD 1.6971 1.7015
EUR 1.9078 1.9425
GBP 2.2138 2.2816
RUB 0.0259 0.0266



* - calculating by cash purchase rate