Bank Of Baku

Muganbank increases authorized capital

Muganbank increases authorized capital
# 08 May 2013 11:31 (UTC +04:00)

 

Baku. Vahab Rzayev - APA-Economics. Azerbaijan-based Muganbank completed placement of emission of ordinary, book-entry shares with the state registration number of AZ1001005466, issue volume - AZN 3 mln, face value - AZN 200 and quantity – 15,000.  

 

Bank says after placement the authorized capital reached AZN 41,305,800 from AZN 38,305,800.

 

Muganbank has been in operation since 1992. The bank operates 30 branches and 4 departments. 

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