IBA increases authorized capital

IBA increases authorized capital
# 30 July 2013 11:18 (UTC +04:00)

Baku. Vahab Rzayev - APA-Economics. State Committee for Securities has registered the emission prospectus of ordinary, book-entry shares of International Bank of Azerbaijan.

SCS says face value is AZN 0.26, quantity – 1,416,666,675 and the volume of the issue – AZN 368,333,335,500.

After placement the authorized capital will increase by 8.3% to AZN 368.333 mln.

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THE OPERATION IS BEING PERFORMED