Bank Of Baku

IBA increases authorized capital

IBA increases authorized capital
# 17 May 2012 12:58 (UTC +04:00)
The face value is AZN 0.24, volume of the issue – AZN 100,000,002.

Note that, underwriter is International Transaction System LLC.

After placement, the authorized capital will increase by 41.7% to AZN 340 mln.

IBA has been in operation since 1992.
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THE OPERATION IS BEING PERFORMED