Baku. Yegane Lachinzade - APA-Economics. Today, an auction on placement of ordinary, book-entry shares of Kovser Bank started at Baku Stock Exchange.
BSE told APA-Economics that the volume of the issue is AZN 38 mln, face value – AZN 200.
Underwriter is Brokdil-AZ LLC.
Current authorized capital makes AZN 12.02 mln.
After placement, the authorized capital will increase 4.2 times to AZN 50.02 mln.