According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.
State registration number | AZ100100554P |
Issue volume | AZN1 500 000 |
Quantity of shares | 1 500 |
Par value | AZN 1 000 |
Underwriter | “Chelsea Capital” 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 “Turanbank†OJSC will be placed on the web-site of the Baku Stock Exchange at “Issuers†section.
Turanbank, owned by 5 legal and 20 individual bodies, has been in operation since 1992. As of January 1, the bank’s assets stood at AZN 109.938 million, loan portfolio at 77.916 million, deposit portfolio at AZN 35.880 million, total equity capital at AZN 20.344 million and share capital at AZN 17 million. The bank operates 11 branches, 9 ATMs and 73 POS Terminals throughout the country.
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