Rabitabank increases authorized capital

Rabitabank increases authorized capital
# 25 January 2013 15:05 (UTC +04:00)

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

SCS says the face value is AZN 20.29, quantity – 492,854 and the volume of the issue – AZN 10,000,007.66.

The shares will be placed in public offering. After placement, the authorized capital will increase by 28.6% to AZN 45 mln.

Remind that Rabitabank has been in operation since 1993.

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THE OPERATION IS BEING PERFORMED