Bank Of Baku

Parabank increases authorized capital

Parabank increases authorized capital
# 11 July 2013 12:52 (UTC +04:00)

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

 

SCS says face value is AZN 200, quantity – 80,000 and the volume of the issue – AZN 16,000,000. After placement the authorized capital will increase by 1.4 times to AZN 27.570 mln.

 

The placement will be held in public offering.

 

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THE OPERATION IS BEING PERFORMED