Bank Of Baku

Azerbaijan Credit Bank does not meet CB demand on total capital

Azerbaijan Credit Bank does not meet CB demand on total capital
# 03 February 2015 09:05 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Azerbaijan Credit Bank has not met the central Bank’s demand on total capital yet.  

 

Bank says AZN 38.752 mln-bonds were registered at the Baku Stock Exchange. Face value is AZN 224, quantity – 173,000. Underwriter is Technika Capital Management.

 

“Bond issue has not been completed yet. Probably, it will be completed next week”.

 

Bank does not answer the questions regarding violation of CB demand. 

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