OREANDA-NEWS. On August 08, 2008 The State Committee for Securities registered the issue prospectus of the ordinary registered stocks of OJSC “International Bank of Azerbaijan”, reported the press-centre of Baku Stock Exchange.

The volume of the issue is AZN 100,000,000, the face value per stock AZN 0.20. According to the issue prospectus, placement will be held by means of the initial public offering on Baku Stock Exchange. “International Transaction Systems” will be the underwriter of stocks placement.

As provided in the issue prospectus of the stocks, the shareholders of the Issuer have the right of priority during 10 months to acquire the stocks to be placed in proportion to their equity positions in the authorized capital.  

Those intending to purchase the stocks can apply to an organization being the member of CJSC “Baku Stock Exchange” and having a brokerage license. The issue prospectus of the stocks OJSC “International Bank of Azerbaijan” will be placed on the web site of Baku Stock Exchange.