Bank Of Baku

Expressbank gets rise in authorized capital

Expressbank gets rise in authorized capital
# 13 August 2012 11:26 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the ordinary, book-entry shares of Expressbank OJSC.

SCS says face value is ANZ 273, quantity – 31,479 and volume of the issue – AZN 8,593,767. The emission will be placed in public offering.

After placement, the authorized capital will increased by 10.9% to AZN 87,401,037.

Remind that, Expressbank has been in operation since 1989.
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THE OPERATION IS BEING PERFORMED