Bank Of Baku

VTB-Azerbaijan increases authorized capital

VTB-Azerbaijan increases authorized capital
# 26 July 2013 08:46 (UTC +04:00)

Baku. Vahab Rzayev – APA-Economics. State Committee for Securities has registered emission prospectus of ordinary, book-entry shares of Bank-VTB (Azerbaijan).

 

SCS says face value is AZN 0.2, quantity – 135 mln, volume of the issue – AZN 27 mln. After placement the authorized capital will increase by 2.1 times to AZN 50.815 mln.

 

The placement will be held in public offering and the underwriter is Brokdil-az LLC.

 

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THE OPERATION IS BEING PERFORMED