UEG banks extended sponsorship deal

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.