Bank Respublika

Bank Respublika is a private commercial bank established on May 22, 1992 based on a license issued by the National Bank of Azerbaijan Republic. As of June 1, 2011, the bank's total capital exceeded 53.7 million Azerbaijani manat (₼) (US31ドル.6 million) and total assets reached ₼294.2 million (US173ドル.0 million).^[1]

One of the most important achievements of Bank Respublika is the equity investment in the Bank by Germany's two large financial institutions: Investment Company DEG, a member of KfW banking group, and Sparkassen International Development Trust (SIDT), a member of financial group Sparkassen-Finanzgruppe. The relevant agreements were signed between the parties on April 28, 2005, in Bank Respublika's head office.^[2]

Pursuant to the agreements, Investment Company DEG, a member of KfW banking group, and SIDT, a member of financial group Sparkassen-Finanzgruppe, acquired a package of Bank Respublika's shares of "25%+1 share".^[3]

Structure of Bank Respublika's shareholder equity:

• Local shareholders – 75%
• Investment Company DEG – 16.7%
• Sparkassen International Development Trust – 8.3%

• Banking in Azerbaijan
• Central Bank of Azerbaijan
• List of banks in Azerbaijan
• Azerbaijani manat
• Economy of Azerbaijan

• Bank Respublika web site

• Government of Azerbaijan
• Economy of Azerbaijan
• Banks of Azerbaijan
• Banks established in 1992
• 1992 establishments in Azerbaijan
• Bank stubs
• Azerbaijani company stubs

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