Royal Bank starts placement of new share emission

Royal Bank starts placement of new share emission
# 22 June 2012 08:09 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Since today, placement of new emission of registered ordinary, book-entry shares of Royal Bank will start in Baku Stock Exchange.

BSE says quantity is 2 mln, face value – AZN 0.20 and volume of the issue – AZN 400,000. After placement the authorized capital will increase by 1.8% to AZN 22.538 mln.

Royal Bank has been in operation since 1993. Current authorized capital of the bank makes AZN 22.138 mln.
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THE OPERATION IS BEING PERFORMED