OREANDA-NEWS. July 07, 2011. Azerbaijan’s largest private bank on the size of assets resumes the process of raising equity capital.

The State Securities Committee reports that yesterday it registered a prospectus of Kapital Bank’s ordinary shares issue under the number of AZ100200515P. In accordance with it the Bank can issue 1 million shares with par value of 10 manat each.

Full placement of the new issue of shares will increase KB charter capital from 30 million up to 40 million manat, i.e. by 33.3%.

By the beginning of 2011 the Bank had 781.9 million manat of assets. Its overall capital reached 70 million manat.