Shares of Credo Bank for a total of 200,000 manat posted on Thursday at the Baku Stock Exchange.
Issue of 3,000 ordinary documentary registered shares with a nominal 10,000 manats passed state registration in October 2012. According to the exchange, all shares were sold in a single transaction (one investor). Underwriting Services Ltd. provides Chelsea Capital. On today placed 85.3% (25.6 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 46.44 million manat. Credo Bank's shareholders are 11 individuals and two entities. - 15B -
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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