OREANDA-NEWS.  February 13, 2012.  One of the leading credit institutions of Azerbaijan, Texnikabank OJSC, is conducting an open increase of the share capital by 5.7%.

The State Securities Committee reports that Texnikabank’s shares prospectus was registered yesterday under number AZ100100508P. In accordance with it the Bank got the right to raise AZN 4.008 million by releasing 4,008 shares with par value of AZN 1,000.

By early 2012 Bank’s authorized capital amounted to AZN 64.755 million, and successful placement of the next issue will increase it up to AZN 68.46 million or by 5.7%.