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.