Bank Of Baku

AFB Bank raises share capital

AFB Bank raises share capital
# 06 November 2009 14:46 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Ordinary registered book-entry shares of “AFB Bank” (former Azfinansbank) with the state registration number AZ100100859P were admitted to the unquoted list of Baku Stock Exchange (BSE).
Sale of the shares will start from 06 November of 2009.
The details are as bellow:

State registration number

AZ100100859P

Issue volume

AZN 15 000 000

Quantity of shares

15 000 000

Par value

AZN 1 000

Underwriter

“BoB Broker” LLC



If sold successfully, the bank’s share capital will increase by 2.5 times to AZN 25 million.
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THE OPERATION IS BEING PERFORMED