Bank Of Baku

Ganjabank increases authorized capital

Ganjabank increases authorized capital
# 20 November 2012 11:39 (UTC +04:00)

 

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

 

SCS says the face value is ANZ 20, quantity – 1.750 mln and the volume of the issue – ANZ 35 mln. THE shares will be placed in public offering. After placement, the authorized capital will increase by 3.3 times to AZN 50 mln.

 

Note that Ganjabank has been in operation since 1994. 

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THE OPERATION IS BEING PERFORMED