OREANDA-NEWS. June 09, 2009. Bank Standard (BS), the largest private bank of Azerbaijan, has postponed its plans on increasing the charter capital this year.

Javid Guliyev, BS first deputy chairman of board, says currently the Bank is not planning to increase its capital.

“Our capital is quite enough to continue our operations in 2009. Currently our paid capital reaches AZN 65 million with overall capital of AZN 80 million,” Guliyev said.

Earlier the Bank was planning to go on the process of capital growth this year and at the expense of profit capitalization as well.