Number of orders for new shares of state bank exceeds 11,000

More than 9,000 investors have placed over 11,000 orders for new shares of state-owned International Bank of Azerbaijan (IBA), subscription for which began from June 11. Nadir Babazadeh, director of the Bank's subsidiary, underwriter of the shares issue of investment company "ABB-Invest", said this. According to him, subscription for 322 million shares with nominal value of 27 gapiks (AZN 86.94 million) will last until Septemb...

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