Pasha Bank increases authorized capital

Pasha Bank increases authorized capital
# 14 May 2010 14:37 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of Pasha Bank OJSC.

Issue volume AZN 115 400 000
Quantity of shares 10 000
Par value AZN 11 540

Pasha Bank has been in operation since November, 2007. As of April 1, 2010, bank’s assets stood at AZN 333.289 mln, deposit portfolio at AZN 166.326 mln, loan portfolio at AZN 140.174 mln, total capital at AZN 128.283 mln, authorized capital at AZN 100 mln.
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THE OPERATION IS BEING PERFORMED