Baku, Azerbaijan, Oct. 7
By Azad Hasanli – Trend:
Azerbaijan’s Financial Market Supervisory Body has registered additional issuance of simple undocumented shares of the country’s Unibank OJSC and TuranBank OJSC, said the regulator.
Total volume of Unibank’s issuance will exceed 55 million Azerbaijani manats (1.6036 AZN/USD on Oct. 7), TuranBank – five million manats.
Par value of each of Unibank’s 20,220,589 shares is 2.72 manats, TuranBank – 4,622 shares worth 1,082 manats each.
Moreover, the Supervisory Body has also registered additional issuance of shares worth 550,000 manats of the country’s AzFinance investment company.
Unibank was created in 2002, TuranBank – in 1992, AzFinance – in 2014 in Azerbaijan.