Royal Bank increases the capital
The committee sources told APA-Economics, share denomination was AZN 0.2 and number - 7.5 million, overall volume of emission – AZN 1.5 million. The investment will be made via Baku Stock-Exchange (BSE) and it will increase the bank’s nominal capital 7.3% to AZN 22.139 million.
Royal Bank was founded in 1993. The bank assets were AZN 156.814 million, deposit portfolio – AZN 69.705 million, including AZN 66.261 million personal savings, AZN 117.397 million credit portfolio, as well as AZN 101.496 million consumer credits. The ban’s nominal capital was AZN 20.639 million to July 1, 2010.
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