Bank Of Baku

AFB Bank increases authorized capital

AFB Bank increases authorized capital
# 22 August 2011 12:47 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities registered the issue prospectus of ordinary registered book-entry shares of AFB Bank OJSC.

Issue volume AZN 1,074
Quantity of shares 38,182
Par value AZN 41,007,468 mln

After the conversion, the authorized capital will be increased by 1.1% to AZN 41.007,468 mln.

Remind that, AFB Bank got license from the CBA in November of 2008 and started to operate in February of 2009.
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