Bank Of Baku

Bank SilkWay increases authorized capital

Bank SilkWay increases authorized capital
# 26 April 2013 14:55 (UTC +04:00)

 

Baku. Nijat Mustafayev – APA-Economics. State Committee for Securities has registered emission prospectus of ordinary, book-entry shares of Bank SilkWay OJSC.

 

SCS says face value is AZN 138, quantity – 170,590 and the volume of the issue – AZN 23,541,420.

 

After placement, the authorized capital will increase by 33.5% to AZN 93.733 mln.

 

Remind that Bank SilkWay has been in operation since 1993 (former – Azal Bank).

 

 

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THE OPERATION IS BEING PERFORMED