OREANDA-NEWS. October 25, 2010. Insurance company Era Trans Sigorta has carried out  14.7- percentage recapitalization by converting shares.

The Azerbaijani  State Securities Committee informed, an issue of shares of the bank under the state registration number AZ100300854P was registered. The issue of shares consists of 3,000 pieces with par value of AZN 1,290 each. Earlier, the bank’ shares (number AZ100200854) had the same quantity, but face value was only AZN 1,125  each.

As a result of growth of face value of the shares, the bank’s charter capital increased from AZN 3.375 million to 3.87 million.