JSC Azerbaijan Credit Bank increased its authorized capital by 4.4 times to 50 million 181.38 thousand manat, which complies with the regulatory requirements of the CBA for capitalization.
According to the report, the placement of additional shares amounting to 38 million 752 thousand manat was completed yesterday. The emission is divided into 173 thousand shares with par value of 224 manat per security.
JSC Azerbaijan Credit Bank received a license to operate in December 2005. Shareholders of the bank are a group of individuals. --17D-
Economics
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