United Credit Bank Increases Share Capital by 10 Million Manat

JSC United Credit Bank increases its share capital by AZN 10 million or 70.9%.

As the press service of the State Securities Committee (SSC) said, the corresponding prospectus for five thousand ordinary non-documentary registered shares with a nominal 2 AZN was registered at the beginning of this week.

According to the prospectus, the placement will be held by means of mass accommodation at the Baku Stock Exchange.

Today, the authorized capital is 14.11 million manat. The major shareholder (88.78% equity) is LLC United Business Co. The remaining shares are divided between two individuals. - 15B -

 

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