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Azerbaijani AtaBank increases its charter capital 2 times

Business Materials 12 January 2015 11:14 (UTC +04:00)
Process of registered uncertificated shares placement of AtaBank OJSC totaling 25 million AZN on Baku Stock Exchange is finished
Azerbaijani AtaBank increases its charter capital 2 times

Baku, Azerbaijan, Jan.12

By Maksim Tsurkov - Trend:

Process of registered uncertificated shares placement of AtaBank OJSC totaling 25 million AZN on Baku Stock Exchange is finished, the bank said Jan.12.

The official exchange rate for January 12 is 0, 7844 AZN / USD.

The charter capital has been increased to 50 million AZN by placement of 2.5 million of shares per value 20 AZN.

Underwriter of emission was Brokdil-Az OJSC.

Charter capital of AtaBank was 25 million AZN until the last emission. Shareholders of the bank are AtaHolding OJSC (76 percent) and individuals (24 percent).

Functioning since 1993, AtaBank OJSC is one of the biggest commercial organizations of Azerbaijan. Today AtaBank is a hi-tech universal bank. AtaBank OJSC is a universal bank rending full complex of services to corporate and private clients.

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Follow the author on Twitter: @MaksimTsurkov

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