BAKU, Azerbaijan, December 15. Azerbaijan's Kapital Bank JSC plans the placement of shares, Trend reports citing the Central Bank of Azerbaijan (CBA).
Following the decision of the bank's shareholders, a total of 1.614 million newly registered uncertificated shares will be issued. The nominal value of each share is 12.39 manat ($7.2), which in total amounts to 19 million manat ($11.1).
The authorized capital of Kapital Bank as of October 1 is 245.85 million manat ($144.6 million).