Bank of Baku increases authorized capital

Bank of Baku increases authorized capital
# 29 April 2011 15:21 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of Bank of Baku.

According to SCS, the face value per stock is AZN 7.70, the total number is 3,400 000 and the amount AZN 26,180,000.

Remind that, Bank of Baku has been in operation since 1994. Bank’s former name was Tuqay Bank. Founders are Turkish NAB Dış Ticarət Company and several individuals.
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THE OPERATION IS BEING PERFORMED