The state-owned "International Bank of Azerbaijan" has announced the completion of subscription for new shares. The Bank planned to place 322 million shares with nominal value of 27 qapiks and increase its authorised capital by AZN 87.4 million. According to the statement, more than 33, 000 investors placed about 49, 000 orders during the 3-month subscription period. Although the bank proudly claims that this figure is a record in...

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