Bank Avrasiya Remains in Banking Sector

JSC Bank Avrasiya intends to increase its share capital by a quarter. The goal is to bring it up to the required level (50 million manat) by the Central Bank of Azerbaijan.

According to the State Securities Committee (SSC), the growth of the position will be carried out by converting the nominal value of shares from 2 000 to 2 500 manat per security. Recall the authorized capital of Bank Avrasiya of 40 million manat is divided into 20,000 shares.

JSC Bank Avrasiya received its banking license on November 28, 2007. --17D-

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