Baku. Nijat Mustafayev – APA-Economics. Chelsea Capital LLC applied to CJSC Baku Stock Exchange (BSE) for inclusion of Rabitabank ordinary registered book-entry shares to the non-quotation list of BSE. The start of the OJSC United Credit Bank’s shares placement is planned to be held beginning from October 30, 2012.
Parameters of the issue:
State registration number AZ1001005268
Issue volume AZN 10,000,000.00
Quantity of shares 5,000
Par value AZN 2,000
Underwriter Chelsea Capital LLC
Note that, owned by 1 legal entity and 2 individuals United Credit Bank was established in 1996 as Rossiyskiy Kredit Russia-Azerbaijan Commercial Bank and rebranded in 1998.
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