OREANDA-NEWS. May 21, 2010. This May the State Committee for Securities of Azerbaijan registered issue of 23 540 shares (each costs 1 062 manats) of AFB Bank. The overall volume of the issue is 24.999 million manats.

The Bank says that following the issue placement AFB Bank’s charter capital will grow up to 25 million manats.

Currently the Bank has equity capital of 10 million manats.

Gilan Holding LLC is the major founder shareholder (98% of shares) of AFB Bank.