Bank Of Baku

Mugan Bank to increase authorized capital

Mugan Bank to increase authorized capital
# 18 March 2010 11:32 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of “Mugan Bank” 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 000 000

Quantity of shares 5000

Par value AZN 200

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 “Mughanbank” OJSC will be placed on the web-site (www.bfb.az) of the Baku Stock Exchange at “Issuers” section.
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THE OPERATION IS BEING PERFORMED