Bank Of Baku

Bank BTB starts placement of new share emission

Bank BTB starts placement of new share emission
# 11 June 2013 07:40 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. From June 11, placement of Bank BTB’s shares registered by State Committee for Securities started at Baku Stock Exchange.  

 

BSE says the face value is AZN 1,000, quantity – 36,400, the volume of the issue – AZN 34.4 mln. The emission is held in public offering and after placement the authorized capital will increase by 3.7 times to AZN 50 mln. Underwriter is Unicapital OJSC. 

 

Note that Bank BTB (Baku Trade Bank) has been in operation since 2010.

 

 

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THE OPERATION IS BEING PERFORMED