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Azer-Turk Banki completed the placement of the last issue of shares
Shares of Azer-Turk Banki for a total of 602.21 million manat were posted on BSE on Monday.
Issue of 1,204,410 ordinary registered non-documentary shares of 1 manat passed state registration at the end of last month. According to the exchange, all shares were sold in two transactions (two investors). The underwriting was provided by Chelsea Capital LLC. At present, 100 % of the announced issue has been placed.
The paid-in share capital of the bank, thus, reached 13.447 million manat. The shareholders are Turkish bank TC Ziraat Bank A.S. (46.00 %), the stock credit organization Agrarkredit (46.00 %) , the bank Ziraat Bank International AG (4.00%) and Turanbank (4.00%). -15B -
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