Bank Of Baku

Mugan Bank increases authorized capital

Mugan Bank increases authorized capital
# 19 October 2012 08:25 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. State committee for Securities has registered the emission prospectus of ordinary, book-entry shares of Mugan Bank OJSC.

SCS says the face value is AZN 200, quantity – 50,000 and volume of the issue – AZN 10 mln.

After placement, the authorized capital will increase by 35.3% to AZN 38,306,000.
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THE OPERATION IS BEING PERFORMED