Shares of Credo Bank for a total amount of 500 000 manats were posted on Wednesday at the Baku Stock Exchange.
Emission of 3 thousand ordinary documentary registered shares with par value of AZN 10 passed state registration in October 2012. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting services were provided by Ltd. Chelsea Capital. On today placed 46% (13.8 million manat) announced issue. According to the legislation issue is held in the case of placing her half.
Paid-in share capital of the bank, thus, reached 34.64 million manat. CredoBank shareholders are 11 individuals and two entities. - 15B -
Economics
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