Azerbaijan, Baku, Nov. 6 / Trend News /

Sale of the shares was launched from November 6, 2009, Baku Stock Exchange (BSE) said.

On Nov. 6, 2009 ordinary registered book-entry shares of "AFB Bank" OJSC with the state registration number AZ100100859P were admitted to the unquoted list of Baku Stock Exchange (BSE).

Issue volume is 15 million manat.

Quantity of shares is 15,000.

Par value is 1,000 manat.

Underwriter is "BoB Broker" LLC.                      

AFB Bank got the license for banking activity in December 2008. The bank was established with the authorized capital worth 10 million manat.

On November 6, the official exchange rate is 0.8031 manat to $1.