Kapital Bank to Sponsor European Union of Gymnastics

The European Union of Gymnastics (UEG) has signed a partnership agreement with Kapital Bank, site a premium bank of Azerbaijan.

UEG President, denture Georges Guelzec, commented on the deal: “Our Union and its 48 member federations is delighted and proud of this partnership, concluded with a renowned and well established bank in a country where gymnastics has a strong tradition. This agreement will allow us to support our projects in the field of development and communication” he declared.

Yashar Mammadov, Deputy Chairman of the Kapital Bank’s Board is pleased with this agreement and underlines: “Gymnastics is one of the most important Olympic disciplines enjoying very high viewing figures and an important media impact. The European Union of Gymnastics with its eight different disciplines is therefore a very interesting partner for the Kapital Bank.”

The signature of the agreement took place in the frame work of the 5th European Artistic Gymnastics Championships which are currently held in the Russian capital Moscow.