Bakı. Nicat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of DemirBank OJSC. According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.
Issue volume AZN 1 000 000 000
Quantity of shares 5 000 000 000
Par value AZN 0.20
DemirBank has been in operation since 1989. As of April 1, 2010, bank’s assets stood at AZN 281.802 mln, deposit portfolio at AZN 101.510, loan portfolio at AZN 185.262 mln, total capital AZN 47.637 mln and authorized capital at AZN 19 mln.
.
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