Bank Of Baku

Turanbank increases authorized capital

 Turanbank increases authorized capital
# 29 May 2015 16:38 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. On June 1, an auction on placement of ordinary, book-entry shares of TuranBank OJSC will be held at Baku Stock Exchange.

 

BSE told APA-Economics that the volume of the issue is AZN 3,386,000, face value – AZN 1,082 and quantity – 2,773.

 

Underwriter is AzFinance Invest LLC.

 

After placement, the authorized capital will increase 6.38% to AZN 50,002,400 from AZN 47,002,000.

 

 

 

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