Bank Of Baku

Azerbaijani Industry Bank increases nominal price of shares

Azerbaijani Industry Bank increases nominal price of shares
# 05 August 2013 10:45 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. The State Committee for Securities of Azerbaijan Republic (SCS) has registered issue prospectus of ordinary shares of Azerbaijani Industry Bank OJSC.

SCS told APA-Economics that nominal price of each share is AZN 1, quantity – 28 mln and volume of the issue – AZN 28 mln.

After placement, the authorized capital will remain unchanged, but nominal price of each share will increase by 5 times to AZN 1.

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