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Azerbaijan Zaminbank increases authorized capital by more than 2 million manat

Business Materials 29 June 2010 16:02 (UTC +04:00)
State Committee for Securities (SCS) of Azerbaijan registered prospectus of JSC Zaminbank in the total amount of 2,527,400 manat, the State Committee said.
Azerbaijan Zaminbank increases authorized capital by more than 2 million manat

Azerbaijan, Baku, June 29 / Trend, N. Ismayilova /

State Committee for Securities (SCS) of Azerbaijan registered prospectus of JSC Zaminbank in the total amount of 2,527,400 manat, the State Committee said.

SCS has registered prospectus of 12,637 shares with par value of each 200 manat.

As a result of placement of shares of the Bank Zaminbank's capital will reach to 15.7 million manat from the current 13,195 million manat. Zaminbank was established in 1992.

June 29, official exchange rate is 0.8039 manat to $1.

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