Bank Of Baku

Turanbank increases authorized capital

Turanbank increases authorized capital
# 23 June 2015 11:20 (UTC +04:00)

Baku. Musa Ahmadov - APA-Economics. Turanbank has increased authorized capital AZN 3,000,386 or 6.38% to AZN 50,200,466. AS of June 1, this figure made AZN 47,200,080.  

 

Along with this, equity of shareholders were changed.

 

6 legal entities’ equity increased by AZN 0.17% or AZN 956,488. Now, 6 legal entities have 29.20% of total shares.

 

Other 22 individual shareholders have 70.80% equity in the shares, while it was 70.97% before changes. In other words, the share of individuals makes AZN 35,399,794.  

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