Shares of Credo Bank for a total amount of 500,000 manats were posted last Thursday on the BSE.
Thee 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). Underwriting services were provided by Chelsea Capital LLC. They have posted 4.3% (1.3 million manat) of the announced issue.
The paid-up share capital of the bank, thus, reached 21.84 million manat. KredoBank shareholders are 11 individuals and two entities . - 15B -
Economics
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