Bank Silk Way Raises Capital by More than One-third

JSC Bank Silk Way increases share capital by 23.54 million or 33.5% to 93.73 million manat.

As the press service of the State Securities Committee, the relevant prospectus for 170 590 ordinary registered non-certificated shares of nominal value of AZN 138, passed state registration on Thursday.

According to the prospectus, placement will be held by means of mass accommodation at the Baku Stock Exchange (BSE).

Paid charter capital, the bank now stands at 70.19 million manat. The bank's shareholders are LLC Silk Way Airlines and two individuals. - 15B -


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