Bank of Baku increases authorized capital

Bank of Baku increases authorized capital
# 10 April 2012 13:11 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of ordinary, book-entry shares of Bank of Baku.

SCS says face value of the shares is AZN 15.55, quantity – 3.4 mln and the volume of the issue – AZN 52.870 mln. After placement the authorized capital will doubled to AZN 52.870 mln.

Remind that, Bank of Baku has been in operation since 1994.
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THE OPERATION IS BEING PERFORMED