Bank Of Baku

Rabitabank increases authorized capital

Rabitabank increases authorized capital
# 03 October 2012 13:51 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered the emission prospectus of ordinary, book-entry shares of Rabitabank OJSC.

SCS says the face value is AZN 20.29, quantity – 413,705 and the volume of the issue – AZN 8,394,074.45.

After placement, the authorized capital will increase by 42% to AZN 28.429 mln.

Note: Rabitabank has been in operation since 1993.
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THE OPERATION IS BEING PERFORMED