The VTB Bank Azerbaijan management’s forecast assumes the profit worth 6 million manats ($3 million) at the end of 2019, Chairman of the Management Board of VTB Bank Azerbaijan Yevgeniy Kirin declared speaking about the bank’s plans for profit for 2019.
Kirin made the remarks at the press conference in Baku on December 19.
“At the same time, VTB Bank Azerbaijan does not plan to pay dividends and will direct profit to increase the authorized capital, which will give the bank more opportunities to expand its credit policy,” Kirin said. (AzerNews/Business World Magazine)
