Bank Of Baku

Bank BTB increases authorized capital

Bank BTB increases authorized capital
# 07 May 2012 08:52 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of ordinary, book-entry shares of Bank BTB.

Baku Stock Exchange says face value of shares is AZN 1,000, quantity – 1,600 and volume of the issue – AZN 1.6 mln. The emission will be placed in public offering. Underwriter is Unicapital LLC.

After placement, the authorized capital will increase by 13.3% to AZN 13.6 mln.

Note that, Bank BTB has been in operation since 2010.
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THE OPERATION IS BEING PERFORMED