Bank Of Baku

Technikabank starts placement of new share emission

Technikabank starts placement of new share emission
# 02 March 2012 08:36 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Since today, placement of ordinary, book-entry shares of Technikabank has been started in Baku Stock Exchange.

According to BSE, face value of shares is AZN 1,000, quantity – 4,008 and volume of the issue – AN 4.008 mln. Underwriter is Technika Capital Management Company. After placement, the authorized capital will increase by 6.2% to AZN 68.808 mln.

Note that, Technikabank has been in operation since 1993.
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THE OPERATION IS BEING PERFORMED