Shareholders

Shareholders' structure of TuranBank OJSC is comprised of 27 shareholders, of which 21 are individuals and the remaining 6 are legal entities. The Bank's paid-in charter capital is 55 003 470  AZN. All of the shareholders are minority shareholders (with ownership less than 10%). 

 #Amount, AZNWeight in Total CC
Shareholders total2755,003,470  100%
Legal entities615,608,93228,40%
Individuals21  39,394,538 71,60% 
    
Legal entities#Amount, AZNWeight in Total CC
with ownership ≤5% 3  2,720,1484,96%
iwith ownership >5% 3 12,888,78423,44%
 with ownership >10%     -   -      -   
    
Individuals#Amount, AZNWeight in Total CC
with ownership ≤5% 16   19,435,966 35,33%
with ownership >5% 5    19,958,572  36,28%
  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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