Zaminbank increases authorized capital

Zaminbank increases authorized capital
# 20 September 2012 10:54 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of ordinary, book-entry shares of Zaminbank OJSC.

SCS says face value is 200, quantity – 5,000 and volume of the issue – AZN 1 mln.

After placement, the authorized capital will increase by 4.5% to AZN 23.2 mln.

Note that, Zaminbank has been in operation since 1992.
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THE OPERATION IS BEING PERFORMED