23 Aug. 2012
«Rabitabank» OJSC increased its capital.
"Rabitabank" OJSC 07.08.2012 has successfully completed the placement of ordinary registered shares, passed state registration № AZ100200355P May 30, 2012 the State Committee on Securities.
The number of outstanding shares 134,100 units, the nominal value of each of which was 20.29 manat, and the amount of the issue is 2720 889.0 manat. Investment of funds held at Baku Stock Exchange by mass supply. The authorized capital of the bank increased by 14.4% to 21,605 928.24 manat, the balance sheet total is 25.5 million manats. The underwriter of offerings made "Shelsea Sapital" LLC.
"Rabitabank" OJSC has been operating since 1993. The bank is currently represented in 14 regions of the country, has 18 branches, two branches and one representative office.