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Azerbaijan’s AtaBank increasing capital by 20M manats

Business Materials 10 March 2017 12:18 (UTC +04:00)

Baku, Azerbaijan, Mar. 10

Trend:

Azerbaijan’s Financial Market Supervisory Authority (FIMSA) has registered the additional issuance of shares of AtaBank OJSC in a total amount of 20 million manats, FIMSA said in a message Mar. 10.

One million shares have been issued at a par value of 20 manats each.

The shares will be placed via closed subscription.

AtaBank OJSC was created in 1993.

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