Bank Of Baku

Turanbank’s additional share placement to be held next week

Turanbank’s additional share placement to be held next week
# 15 December 2010 14:54 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Turanbank’s ordinary registered book-entry shares will be placed at Baku Stock Exchange, from December 22.

Issue volume AZN 1 500 000
Quantity of shares 1 500
Par value AZN 1 000
Underwriter Chelsea Capital

Note that, owned by 5 legal entities and 20 individuals Turanbank has been in existence since 1992.
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THE OPERATION IS BEING PERFORMED