Shareholders

EXPERIENCE OVER 30+ YEARS

Date of update: 15.01.2024

Shareholders' structure of TuranBank OJSC is comprised of 28 shareholders, of which 20 are individuals and the remaining 8 are legal entities. The Bank's paid-in charter capital is 80 005 244 AZN. All of the shareholders are minority shareholders (with ownership less than 10%).

12/31/2021	#	Amount, AZN	Weight in total CC
Shareholders	28	80,005,244	100%
Legal entities	8	33,539,836	41,9%
Individuals	20	46,465,408	58,1%

Legal entities	#	Amount, AZN	Weight in total CC
with ownership ≤5%	6	6,205,270	7,8%
with ownership >5%	2	27,334,566	34,1%
with ownership >10%	-	-	-

Individuals	#	Amount, AZN	Total weight in CC
with ownership ≤5%	16	23,959,808	29.9%
with ownership >5%	4	22,505,600	28,2%
with ownership >10%	-	-	-

Note: Pursuant to paragraph 4.1.2 "Law on Commercial secret" of Azerbaijan Republic, the information about shareholders and their shares in charter capital is considered as commercial secret. Information regarding with shareholders can be disclosed only after signing "confidentiality agreement".

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