Bank Of Baku

Kredobank shares placement

Kredobank shares placement
# 01 November 2012 15:22 (UTC +04:00)
Baku. Nijat Mustafayev – APA-Economics. Chelsea Capital LLC applied to CJSC Baku Stock Exchange (BSE) for inclusion of Kredobank ordinary registered documentary shares to the non-quotation list of BSE.

The start of the OJSC Kredobank’s shares placement is planned to be held beginning from November 02, 2012.
Parameters of the issue:

State registration number AZ1001005821
Issue volume AZN 30,000,000.00
Quantity of shares 3,000
Par value AZN 10,000.00
Underwriter Chelsea Capital LLC

Remind that, Kredobank has been in operation since 1994. The bank operates 15 branches, 6 ATMs and 69 POS-terminals across the country.
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THE OPERATION IS BEING PERFORMED