JSC Bank BTB decided to bring the authorized capital up to 50 million manat in accordance with the requirements of the Central Bank of Azerbaijan.
As stated in the Baku Stock Exchange (a space for redemption), an additional issue of shares totaling 5.16 million AZN was placed yesterday. There are 5,160 shares with a par value of 1,000 AZN each.
Thus, the share capital of this body will increase by 11.5%.
Shares of Bank BTB are included in non-quotation list of BSE. Underwriter of the shares of the bank under the additional issue is OJSC Unicapital. --17D-
Economics
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