Azerbaijan Credit Bank increases capital

Azerbaijan Credit Bank increases capital
# 21 January 2015 09:07 (UTC +04:00)

Baku. Yegane Lachinzade - APA-Economics. An auction on placement of ordinary, book-entry shares of Azerbaijan Credit Bank has started at Baku Stock Exchange.

BSE told APA-Economics that the volume of the issue is AZN 38,752,000, face value – AZN 224.

Underwriter is Technika Capital Management.

After placement, the authorized capital will increase 4.4 times to AZN 50,181,380.

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THE OPERATION IS BEING PERFORMED