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Azerbaijani Gunay Bank increases its capital

Economy Materials 8 September 2014 15:00 (UTC +04:00)
State Securities Committee (SSC) of Azerbaijan registered the prospectus of inscribed stock of Gunay Bank JSC totaling 49.98 million AZN
Azerbaijani Gunay Bank increases its capital

Baku, Azerbaijan, Sept. 8

By Zulfiyya Kurbanova - Trend:

State Securities Committee (SSC) of Azerbaijan registered the prospectus of inscribed stock of Gunay Bank JSC totaling 49.98 million AZN, stated the Baku Stock Exchange Sept.8

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Some 10,450 shares with a par value of 4,783 AZN each were registered within the framework of the issuance.

Texnika Kapital Menecment LLC is the underwriter of the emission.

In the first half of this year, the assets of Gunay Bank JSC amounted to 38.86 million AZN, the authorized capital reached 18.1 million AZN, and the total capital 16.3 million AZN.

The official exchange rate on Sept. 8 is 0.7843 AZN / USD.

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