Bank Of Baku

Texnikabank posts rise in authorized capital

Texnikabank posts rise in authorized capital
# 04 February 2010 17:11 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of “Texnikabank” OJSC.
According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.

State registration number

AZ100100508P

Issue volume

AZN 11 973 000

Quantity of shares

11 973

Par value

AZN 1 000

Underwriter

“Technika Capital Management” LLC



Those intending to purchase shares can apply to an organization being the member of “Baku Stock Exchange” CJSC and having a brokerage license.
The issue prospectus of shares of “Texnikabank” OJSC will be placed on the web-site of the Baku Stock Exchange at “Issuers” section.
Established in 1993, Texnikabank’s assets stood at AZN 467.818 million, deposit portfolio at AZN 183.393 million, loan portfolio at 351.199 million total equity capital at AZN 59.927 million and authorized capital at AZN 41.712 million.
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THE OPERATION IS BEING PERFORMED