Bank Of Baku

Expressbank increases authorized capital

Expressbank increases authorized capital
# 25 August 2010 07:27 (UTC +04:00)
Baku. Elnuc Huseynguluyev – APA-Economics. Azerbaijan-based Expressbank’s authorized capital rose by 345 to AZN 34.7 mln.

Bank says The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of Kapital Bank.

Issue volume AZN 8 700 000
Quantity of shares 41 828
Par value AZN 208

Expressbank has been in operation since 1989. The bank operates 10 branches, 26 ATMs and 1 POS-terminals across the country.
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