Azerbaijan, Baku, June 22 / Trend N. Ismayilova /
Shareholders of Azerbaijani ASB Bank made initial decision about increasing of authorized capital of the bank in two times, the bank's board deputy chairman Hasan Badalov said.
Meeting of shareholders will be held during 10-15 days. Final decision about increasing of authorized capital of the bank will be made at this meeting," Badalov said.
Authorized capital of the bank will increase to 20 million manat owing to shareholders' funds, he said.
"Presently, joint capital of the bank hits 17.3 million manat. But authorized capital hits 12.8 million manat," Badalov said.
On June 22, the official exchange rate is 0.804 manat to $1.
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