USD 1.7

Baku 20 °C

AZ RU EN FA FR

Dark mode

POLITICS

NEWS

World

Economics

Sport

Culture news

Analysis

Blogs

Company

TOP 10

© 2004 - 2026 All copyright are reserved.

Finance

Home page

Turan Bank to increase authorized capital

Turan Bank to increase authorized capital

09 March 2010 15:14 (UTC +04:00)

Baku. Nijat Mustafayev â€“ APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of â€œTuranbankâ€ OJSC.
According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.

Issue volume AZN1 500 000

Quantity of shares 1 500

Par value AZN 1 000

Underwriter â€œChelsea Capitalâ€ LLC

Turanbank, owned by 5 legal and 20 individual bodies, has been in operation since 1992. As of February 1, 2010 the bankâ€™s assets stood at AZN 112.8 million, loan portfolio at 79.8 million, deposit portfolio at AZN 39.9 million, total equity capital at AZN 20.8 million and share capital at AZN 17 million. The bank operates 11 branches, 9 ATMs and 73 POS Terminals throughout the country.

Finance

Azerbaijan

Azerbaijan's insurance market grows by nearly 2% this year

Vusal Gurbanov, Director General of the Central Bank of Azerbaijan

Central Bank of Azerbaijan preparing amendments to compulsory insurance regulations

Chairperson of the Supervisory Board of the Azerbaijan Insurers Association Ulviyya Jabbarova

Azerbaijan's insurance market doubles over past four years

Aliyar Mammadyarov, First Deputy Chairman of the Central Bank of the Republic of Azerbaijan

Central Bank of Azerbaijan preparing new development strategy for insurance sector

ATTENTION!

Dear user for receiving paid news sign up

Sign up

ATTENTION!

Dear user for receiving paid videos sign up

Sign up

ATTENTION!

Dear user for receiving paid photos sign up

Sign up

THE OPERATION IS BEING PERFORMED