Bank Of Baku

Kapital Bank increases authorized capital

Kapital Bank increases authorized capital
# 29 June 2012 11:34 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered emission prospectus of ordinary, book-entry shares Kapital Bank OJSC.

SCS says face value is AZN 10, quantity – 1 mln, volume of the issue – AZN 10,000,000. The placement will be held in public offering. After placement, the authorized capital will increase by 25% to AZN 50 mln.

Note that, Kapital Bank has been in operation since 2000.
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THE OPERATION IS BEING PERFORMED