Baku. Yegane Lachinzade - APA-Economics. On March 29, an auction on placement of ordinary, book-entry shares of the International Bank of Azerbaijan will be started at Baku Stock Exchange.
BSE told APA-Economics that the volume of the issue makes AZN 100,000,000.17, face value – AZN 0.27.
Underwriter is International Transaction System LLC.
Current authorized capital of the bank is AZN 590,192,320.
After placement, the authorized capital will increase 16.95% to AZN 690,000,192.59.