...

Azerbaijani Para Bank starts issue of shares

Business Materials 7 January 2010 17:00 (UTC +04:00)

Azerbaijan, Baku, Jan. 7 / Trend /

The Baku Stock Exchange has launched placing book-entries, secured, registered shares of Para Bank, the BSEX reported

The Bank appealed to the BSEX to include preferred, registered, and book-entries shares into non-quotation exchange sheet, the BSE said

The total emission amounts to 1.5 million manat. Total amount of securities is 7,500 with 200 manat nominal value for each

The underwriter of bonds placement is Standart Capital  

The bank's shareholders are eighteen individuals (99.9525 percent of shares) and two legal entities (0.0475 percent)

On Jan. 7, the official exchange rate is 0.8030 manat to $1.

Do you have any feedback? Contact our journalist at: [email protected]

Latest

Latest