More than half of the authorized capital of private banks operating in Azerbaijan belongs to individuals.
Yeniavaz.com reports that among these individuals, Marina Kulishova, the main shareholder of Yelo Bank OJSC, has the largest share (in the authorized capital). The share of the 45-year-old shareholder of Yelo Bank in the authorized capital is 98.94% and 374 million manat.
Individuals whose share in the authorized capital of banks exceeds 10 million manats include:

Let us note that the authorized capital is both the initial capital for companies, including banks, and the main means of ensuring payment of the financial claims of their creditors in the event of bankruptcy. In this regard, the authorized capital plays the role of a kind of guarantor of both the financial stability of banks and their normal development.

Elnur Ali