Bank Of Baku

Ateshgah Life increases authorized capital

Ateshgah Life increases authorized capital
# 28 December 2011 09:17 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of ordinary, book-entry shares of Ateshgah Life Insurance Company.

SCS says the face value of shares is AZN 4,000, quantity – 1,000 and the volume – AZN 4,000,000., After placement, the authorized capital will increase by 21.2% to AZN 4 mln.

Note that, Ateshgah Life Insurance has been in operation since 2009.
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THE OPERATION IS BEING PERFORMED