Baku. Nail Huseynli – APA-Economics. ShoreCap II Ltd fund which is managed by the US Equator Capital Partners Company has acquired equity in the authorized capital of Turanbank OJSC.
According to APA-Economics, this deal has been closed during the placement of ordinary, book-entry shares of the bank with the volume of
ShoreCap II is a microfinance investment fund providing equity for regulated and established microfinance institutions and small business banks in Africa and Asia.