Bank Of Baku

Zamin Bank increases authorized capital

Zamin Bank increases authorized capital
# 29 December 2012 12:53 (UTC +04:00)

 

 

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

 

SCS says face value is AZN 200, quantity – 50,000 and the volume of the issue – AZN 10 mln.

 

After placement the authorized capital will increase by 31.1% to AZN 42,181,800.

 

Note that Zamin Bank has been in operation since 1992. Bank’s current authorized capital makes AZN 32,181,800. 

 

 

 

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