Bank Of Baku

Rabitabank increases authorized capital

Rabitabank increases authorized capital
# 26 July 2011 11:17 (UTC +04:00)
Baku. Nijat Mustafayev - APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of “Rabitabank” OJSC.

Parameters of issue:

Issue volume AZN 3,367,896.52
Quantity of shares 165,988
Par value AZN 20.29
Underwriter

After placement, authorized capital will increase by 24.3% to AZN 17.4 mln.

Note that, Rabitabank has been in operation since 1993.
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