Azerbaijani banking group Kapital Bank has renewed its partnership with the European Union of Gymnastics (UEG).
Kapital Bank first sponsored the UEG in 2013 and the extension runs for a further year, up until May 1, 2016.
Under the terms, Kapital Bank will be granted extended visibility for its brand at UEG competitions.
The deal was signed during Baku’s on-going hosting of the inaugural European Games multi-sport event.
Kapital Bank is one of the UEG’s top-tier commercial partners alongside Eurovision, the television producer operated by the European Broadcasting Union.