Azerbaijan, Baku, May 4 / Trend A. Akhundov /
The State Committee for Securities registered the issue prospectus of ordinary registered documentary shares of Bank "BTB ", the committee said today.
Issue volume is 1.6 million.
Quantity of shares is 1,600, par value - 1,000 manat.
Underwriter is Unicapital OJSC.
BTB Bank was registered for commercial activities at the Taxes Ministry on Feb.24, 2010 and in late March received a license to conduct banking activities from the Central Bank. BTB Bank was registered with a capital of 12 million manat. As a result of emission, it will increase to 13.6 million manat.
The official exchange rate is 0.786 manat to $1 on May 4.