On June 23, 2021, a general meeting of shareholders of the International Bank of Azerbaijan was held at the Head Office of the International Bank of Azerbaijan, located at 67 Nizami Street, Baku. In the event of a pandemic, voting was held in absentia to protect the health of shareholders.
The meeting approved the financial report of the International Bank of Azerbaijan for 2020, approved by the external auditor and recommended by the Audit Committee. As a result of the implementation of the bank's new development strategy, capital position, financial stability and profitability have been ensured in recent years. Based on the financial results of 2020, the issue of paying dividends to the bank's shareholders was considered and it was decided to pay 127 million manat in dividends from last year's profits.
