Shares of AGBank for a total of 217 thousand manats were posted on Thursday, on the BSE.
Issue of 2.5 million ordinary non-documentary registered shares of nominal value of AZN 2 passed state registration in July. According to the Exchange, all the shares were sold in a single transaction (one investor). Underwriting services were provides by Caspian Financial.LLC. They have posted 71.84% (3.592 million manat) announced issue.
The paid-up share capital of the bank, thus, reached 23.592 million manat. The shareholders are 22 businesses and 51 individuals. - 15B -
Economics
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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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