Placement of IBA shares starts at BSE

Placement of IBA shares starts at BSE
# 29 March 2015 09:32 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. Today, an auction of placement of ordinary, book-entry shares of International Bank of Azerbaijan will be held at Baku Stock Exchange.

BSE told APA-Economics that the volume of the issue is AZN 100,000,000.17, face value – AZN 0.27.

Underwriter is International Transaction System LLC.

Current authorized capital makes AZN 590,192,320.

After placement, the authorized capital will increase 16.95% to AZN 690,000,192.59.

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THE OPERATION IS BEING PERFORMED