The Listing Committee of BSE decided to include shares of OJSC International Bank of Azerbaijan, the country's largest bank in terms of assets, in the unquoted list of the main level.
Placement of ordinary shares of IBA is scheduled to start on 29 March. Within 3 months, the bank intends to bring 100 million manat to the capital through the sale of 370,370,371 shares of a par value of 0.27 manat each. It should be noted that the market shares of the issuer are offered at 0.12-0.15 manat, depending on the party.
Recall that the listing of the main (first) level of BSE also includes shares of Demir Bank. --08D-
Economics
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