Shares of Credo Bank for a total of 2 million manats were posted on Wednesday, at the Baku Stock Exchange.
Emission of three thousand ordinary documentary shares of par value of 10 thousand manats passed state registration in October. According to the Exchange, all the shares were sold in a single transaction (one investor). The underwriting services were provided by Chelsea Capital. Today 11% (3.3 million manats) of the announced issue has been released.
The paid-up share capital of the bank, thus, reached 23.84 million manat. CredoBank shareholders are 11 individuals and two entities. - 15B -
Economics
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