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Royal Bank of Baku Registers Stock Issue

Business Materials 12 December 2007 14:21 (UTC +04:00)

Azerbaijan, Baku / corr Trend / The State Committee for Securities registered the issue prospectus of ordinary registered stocks of Royal Bank of Baku OJSC.

The volume of the issue is 2 000 000 AZN, face value per stock 200 AZN. According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.

AzerInterTrade LLC will be the underwriter of placement of stocks.

Those intending to purchase stocks can apply to an organization being the member of "Baku Stock Exchange" CJSC and having a brokerage license.

The issue prospectus of stocks of "Royal Bank of Baku" OJSC is placed on the web-site of the Baku Stock Exchange.

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