Azerigasbank, sometimes spelled as Azerigazbank or AGBank is a private commercial bank established in 1992 in Baku, Azerbaijan. It is the member of Baku Stock Exchange

Baku Stock Exchange

The Baku Stock Exchange is the main stock exchange in Azerbaijan. A member of the Federation of Euro-Asian Stock Exchanges , BSE is organized in the form of closed joint stock company with 18 shareholders...

 since 15 September 1993. The official auditor of the bank is the international auditor PricewaterhouseCoopers

PricewaterhouseCoopers

PricewaterhouseCoopers is a global professional services firm headquartered in London, United Kingdom. It is the world's largest professional services firm measured by revenues and one of the "Big Four" accountancy firms....

 from 2000 on.

Shareholders

• International Finance Corporation
  International Finance Corporation
  The International Finance Corporation promotes sustainable private sector investment in developing countries.IFC is a member of the World Bank Group and is headquartered in Washington, D.C., United States....
  
    - 17.500 percent
• Kazimir Partners Company - 10.000 percent
• Chingiz Asadullayev (chairman of the supervisory board) - 27.532 percent
• Farzulla Yusifov (member of the supervisory board) - 23.111 percent

The minority shareholders count to 74 and hold 21.856 percent of the bank's equity. The bank's dividend policy is to pay out 15 percent dividends per annum.

Awards

• In 2005 AGBank received "Caspian Energy Award" in nomination "Corporate bank of 2005".
• In 2006 AGBank received national business award “UGUR” in nomination "Bank of the Year".
• In 2008 AGBank received national business award “UGUR” in nomination "Rebranding of the Year".
• In 2010 AGBank received “Azerbaijani Business Award” in nomination "Innovative Product of the Year".

See also

• Banking in Azerbaijan
  Banking in Azerbaijan
  The Central Bank of Azerbaijan is the central bank of Azerbaijan which is charged with regulating the money supply, circulating currency, and regulating the commercial banks of the country. However, the banking system in Azerbaijan is small relative to GDP and ineffective in capital allocating. An...
  
  
• Central Bank of Azerbaijan
• List of banks in Azerbaijan
• Azerbaijani manat
  Azerbaijani manat
  The Manat is the currency of Azerbaijan. It is subdivided into 100 qəpik. The word manat is borrowed from "moneta" which is pronounced as "maneta"...
  
  
• Economy of Azerbaijan
  Economy of Azerbaijan
  Azerbaijan is an economy that has completed its post-Soviet transition into a major oil based economy , from one where the state played the major role...