Bank Of Baku

Azer-Turk Bank starts share placement

Azer-Turk Bank starts share placement
# 03 November 2014 13:46 (UTC +04:00)

Baku. Parviz Nuriyev - APA-Economics. AN auction on placement of Azer-Turk Bank’s ordinary, book-entry shares has started.  

 

Baku Stock Exchange told APA-Economics that the face value is AZN 1, quantity – 36,552,682, state registration number – AZ1003004426.

 

After placement, the authorized capital will rise 2.72 times to AZN 50,000,342.

 

Current authorized capital is AZN 13,447,660.

 

Underwriter is Invest-AZ LLC.

 

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THE OPERATION IS BEING PERFORMED