Azerbaijan’s Bank Respublika eyes to increase capital
Baku, Azerbaijan, Oct. 17
By Azad Hasanli – Trend:
Azerbaijan’s Financial Market Supervisory Body has registered the issue prospectus of ordinary book-entry shares of the country’s Bank Respublika worth 20 million manats, said the message published Oct. 17 on the website of Azerbaijan’s Electronic System for Information Disclosure.
The nominal value of each of 8.163,280 million shares is 2.45 manats.
The authorized capital of Bank Respublika will exceed 57 million manats as a result of the placement of the shares.
Bank Respublika operates in Azerbaijan since 1992.