By Trend
Azerbaijan's AG Bank has been accepted for listing at the Baku
Stock Exchange (BSE), the Exchange said in a statement on Nov.
8.
The message notes that a total of 2.9 million registered shares
were issued.
Shares are registered with the primary trade value at two manats
each.
The underwriter is Unicapital.
AG Bank has been operating in Azerbaijan since 1992. The
shareholders of the bank include International Finance Corporation
(4.28 percent) and Kazimir Partners (2.45 percent). The main
shareholder of AG Bank is the Chairman of the Supervisory Board
Chingiz Asadullayev (33.57 percent). The bank has a total of 83
shareholders.
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