Rabitabank raises capital by a third

Commercial Bank OJSC Rabitabank increases share capital by 10 million or 33.3%.

According to the Baku Stock Exchange (BSE), the corresponding prospectus for 492,854 ordinary registered non-documentary shares of 20.29 manat was registered in the State Committee for Securities.

Placement of new shares will be by mass subscription at the BSE. The underwriter company will be Chelsea Capital.

Today, the authorized capital is 30 million manat. It is owned by six individuals and 14 legal entities. - 15B -

 

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