Bank Of Baku

Parabank increases authorized capital

Parabank increases authorized capital
# 22 August 2011 08:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of Parabank OJSC.

Issue volume AZN 1,000
Quantity of shares 10,000
Par value AZN 10 mln

After placement, the authorized capital will be increased by 86.4% to AZN 21.570 mln.

Parabank has been in operation since 1991.
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THE OPERATION IS BEING PERFORMED