Credo Bank posted a 2.7% of the announced issue

Shares of Credo Bank for a total of 300 thousand manats were posted on Wednesday, at the Baku Stock Exchange.

Emission of three thousand ordinary shares of par value of documentary 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 posted 2.7% of the announced issue.

The paid-up share capital of the bank, thus, reached 21.34 million manat. CredoBank shareholders are 11 individuals and two entities. -15B-

 

 

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