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Azer-Turk Bank Increases Its Statutory Capital

Business Materials 30 May 2007 15:41 (UTC +04:00)

Azerbaijan, Baku / corr Trend / The State Committee for Securities has registered the issue Prospectus of Ordinary Registered Stocks of Azer-Turk Bank OJSC.

The volume of the issue is AZN 3,030,000 with a face value per stock of 2 AZN. According to the issue prospectus, placement will be held by means of the public subscription method at the Baku Stock Exchange.

"Azer-Turk Bank" OJSC will be the underwriter of the placement of stocks. Those intending to purchase stocks may apply to any organization that is a member of the "Baku Stock Exchange" CJSC and holds a brokerage license.

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