Azerbaijan , Baku, March 28 / Trend/
Azerbaycan Senaye Banki - ASB Bank applied to CJSC "Baku Stock Exchange" (BSE) for inclusion of its ordinary registered book-entry shares to the non-quotation list of BSE.
The start of the ASB Bank's shares placement is planned to be held beginning from March 29, 2011.
Parameters of the issue:
|
State registration number |
AZ100100545P |
|
Issue volume |
1 886 000 AZN |
|
Quantity of shares |
9 430 000 |
|
Par value |
0.20 AZN |
|
Underwriter |
"Texnika Kapital Menecment" LLC |
ASB Bank started operations in 1996 as "CI Bank" and changed its name in 2006. Its aggregate capital increased by 4.8 percent, amounting to 25.908 million manatin 2010. The bank's authorized capital amounted to 22.114 million manat, with growth of 11 percent.
The official exchange rate is 0. 7932 manat to $1 on March 28 .