Bank Of Baku

Unibank increases authorized capital again

Unibank increases authorized capital again
# 07 July 2010 10:31 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. Shareholders of Azerbaijan-based Unibank adopted decision about the increase of authorized capital by 39% or AZN 11.592 mln to AZN 41.592 mln.

Bank says the authorized capital will be increased with the way of the registration of issue prospectus of ordinary book-entry shares which face value is AZN 2 and quantity is 5 796 000. After the placement the authorized capital will increase by 39% to AZN 41.592 mln.

Unibank has been in operation since 1992. The3 bank operates 25 branches, 64 ATMs and 244 POS-terminals across the country.
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