«Bank of Azerbaijan» plans to increase its share capital by AZN 50 million
Baku, Fineko/abc.az. "Bank of Azerbaijan" according to the decision of the Central Bank of Azerbaijan kept on July 25, 2012, decided to increase the share capital from the current 33.5 million to 50 million manat. For these purposes, "Bank of Azerbaijan" has registered in the State Committee on Securities issue of shares worth AZN 16.5 million (825 thousand shares with face value of 20 manat each)
Thus, after placing the required number of shares of "Bank of Azerbaijan" to increase its share capital to 50 million manat, which will allow the bank to take a place in the top ten banks according to the share capital.
Tags: Bank of Azerbaijan
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