OJSC Bank Silk Way intends to increase the share capital. According to the data of the State Committee for Securities (http://www.scs.gov.az/n500/bank_silk_vey_asc_adi_senedsiz_adli_sehmleri_dovlet_qeydiyyatina_alinmisdir), the issue prospectus of shares was registered yesterday. Additional issue is not planned and the nominal value will be increased.
The new conversion of securities will help increase the value of each of them (total 679,230) by 3.5 manats (+ 2.4%), after which they will be evaluated in 149.5 manats each.
After the repayment of the issue in the BSE the charter capital of Bank Silk Way will change from 99,167,580 to 101,544,885 manats.
OJSC Bank Silk Way received a license for professional activity in 2008. Its shareholders are two individuals and one legal entity. --17D-
Economics
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