OREANDA-NEWS. May 14, 2013. The issue of 15000 Muganbank ordinary registered undocumented shares  with the face value of AZN 200 and total volume of AZN 3 000 000 with registration number  AZ1001005466  has been accomplished.
 
After the placement of shares, the chartered capital of “Muganbank” OJSC has increased from AZN 38 305,80 thousand  to AZN 41 305,80 thousand.
 
“Muganbank” OJSC, one of the well-known participants of Azerbaijani financial-banking sector has been functioning since 1992. The bank’s 30 branches and 4 sub-branches across the Republic effectively serve customers with all types of banking products. “Muganbank” OJSC actively cooperates with  international financial institutions  among them United States Agency for International Development (USAID), European Bank for Reconstruction and Development (EBRD), International Finance Corporation (IFC) and the US-based WorldBusiness Capital, Inc. (WBC).