NBC Bank starts share placement

NBC Bank starts share placement
# 25 November 2014 15:29 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. An auction on placement of ordinary, book-entry shares of NBC Bank starts at Baku Stock Exchange.

BSE told APA-Economics that the face value is AZN 243.60, quantity – 20,535 and the volume of the issue – AZN 5,002,326.

Underwriter is Technika Capital Management LLC.

After placement, the authorized capital will increase 10.74% to AZN 51.538 mln.

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THE OPERATION IS BEING PERFORMED